Ford’s hilariously fun-to-drive Fiesta ST has been replaced by a new 2018 model, version 2.0, sporting a new three-cylinder turbocharged engine, fresh exterior styling, and interior refinements.

While the ST’s engine remains roughly the same size in terms of displacement – down 100 cubic centimetres to 1.5 litres – and puts out roughly the same amount of power, the big news here is the weight shaved from the sports car’s front end.

By losing one cylinder, Ford Performance managed to create a lighter, more compact powerplant with improved overall weight balance and at-limit handling. As a result, the all-new Fiesta ST should be even more playful and tossable than the model it replaces.

The 2018 ST’s three-banger will produce 197 horsepower and 213 lb-ft of torque—that’s enough gusto to accelerate the small hatch to 100 km/h in a respectable 6.7 seconds.

Ford has also added brake-actuated torque vectoring to the ST’s front-wheel-drive setup, which should improve track-day performance, particularly in the wet.

In an effort to sip even less fuel, Ford engineers have incorporated a cylinder deactivation system – yes, on a three-cylinder engine! – which allows the sporty Fiesta to operate on two cylinders under minimal loading.

The Fiesta ST will be shown in the metal for the first time at the Geneva Auto Show next month; Canadian pricing and availability will be announced at a later date.