The Ferrari Portofino M is the revised version of the Portofino, a V8 2+ spider with a retractable hard top. Ferrari’s current lineup no longer lists it, so a buyer in Australia today is looking at a used car. This guide sets out what the specs say and what to weigh up before you buy one.
What the M Stands For
The M in Portofino M stands for Modificata – modified. Ferrari revised the standard Portofino with a more powerful engine, a new 8-speed dual-clutch gearbox, a five-position Manettino and a redesigned exhaust. It is not a new model so much as a revised version of the Portofino.
The engine is a 3.9-litre twin-turbocharged V8 producing 456 kW (620 cv), up 20 cv on the original Portofino. The 0-100 km/h time is 3.45 seconds. The top speed is 320 km/h. These are numbers that would have been supercar territory not long ago.
The Engine and Transmission
Ferrari’s twin-turbocharged V8 belongs to the family that was voted International Engine of the Year four years in a row. In the Portofino M it makes 620 cv, 20 more than the Portofino, thanks to new cam profiles and a new speed sensor on the turbocharger. The 8-speed dual-clutch gearbox is completely new and replaces the Portofino’s 7-speed. Ferrari says it carries 35 per cent higher torque delivery and that the extra gear cuts fuel use in town and on the motorway.
Ferrari also redesigned the exhaust line, removing the two rear silencers and reshaping the by-pass valves, and says the result is a more exhilarating soundtrack.
Five-Position Manettino
The Portofino M is the first Ferrari GT spider with a five-position Manettino. The new Race position, supported by the Ferrari Dynamic Enhancer, is aimed at making the car’s handling and grip more accessible and at maximising driving pleasure, according to Ferrari.
Australian Pricing and LCT
Ferrari’s current lineup no longer lists the Portofino M, so a buyer today is shopping the used market, where prices depend on kilometres, options and history. When new, the car attracted Luxury Car Tax, which is 33 per cent of the amount above the threshold after the GST share is taken out, and that tax was built into the price. The threshold is $80,809 for the 2026-27 financial year. LCT is not charged again when a car more than two years old changes hands.
Options were plentiful and expensive: carbon fibre trim packages, bespoke paint colours and a range of leather and Alcantara interiors. Ask the seller for the original build sheet so you know exactly how the car was ordered.
The Retractable Hard Top
The Portofino M is a convertible with a retractable hard top.
Ferrari calls it a 2+ spider: two seats up front and a small rear area suited to short trips or extra luggage.
Fuel Consumption
Ferrari’s official combined figure is 11.3 litres per 100 km on the WLTP test, rising to 18 litres per 100 km in the low-speed part of the cycle. City driving will use more than the combined figure.
Verdict
On paper, the Portofino M is the version of the Portofino to look for: 20 cv more power, a new 8-speed dual-clutch gearbox and a wider Manettino, with the same retractable hard top and 2+ layout.
As a used purchase, get the service history, check the options the car was ordered with and have a Ferrari specialist inspect it before you make an offer.
Where this came from
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