Ferrari officially presented the world with the car intended to replace the California on Wednesday. The new model, called the Portofino, is a 2+2 sporting a mischievous grin and enough horsepower to warrant it. Named — like many of Ferrari’s grand tourers — after a part of the world known for its temperate climate, the Portofino houses an updated 3.9-liter turbocharged V8 with 591 prancing stallions ready to tear up the tarmac.

Distinctively less subtle than the base California in both appearance and specifications, the new “entry-level” Ferrari benefits from new internals, but the overall affect primarily bolsters horsepower. Torque is bumped up to 560 lb-ft between 3,000 and 5,250 rpm, representing a modest 3 foot-pound increase compared to a nearly 40-horsepower improvement. Not that it should matter; the Italian automaker still considers the Portofino a GT car despite its more aggressive persona. (Read More…)