Ferrari previewed a new model called the Portofino late August, a car that will become the brand’s new entry-level model after it is officially revealed this fall at the Frankfurt auto show.

The new model is a 2+2 convertible that replaces the California T at the bottom end of the Ferrari lineup, with the sports car manufacturer boasting the Portofino is significantly lighter than the outgoing car “thanks to the extensive use of modern production technologies,” though it provides no details about those.

A turbocharged V8 engine has been carried over from the California T, but with new pistons, connecting rods, a new intake and new engine management software that work together to boost output to 591 hp and 561 lb-ft of torque.

Fed through a seven-speed dual-clutch transmission, that’s enough juice to launch the Portofino from zero to 100 km/h in 3.5 seconds. Ferrari promises a combined fuel consumption figure of 10.5 L/100 km.

Ferrari says the Portofino is the first car in its GT line to use electric power steering. The use of a third-generation of the company’s electronic rear differential allowed engineers to build in a faster steering ratio for better responsiveness without a trade-off in stability.

Like the California T before it, the Portofino is a retractable hardtop convertible with a “roomy” trunk and “generous” cockpit space with a two-place rear seat Ferrari says is suitable for short trips.

Other notable interior features include a 10.2-inch infotainment touchscreen, more effective air conditioning system, 18-way electric seat adjustments, and a wind deflector that cuts airflow in the cabin by 30 percent and reduces noise when driving with the top down.

The Portofino will be revealed September 13 when the 2017 Frankfurt auto show opens.