The same day they launched the California T in India, Ferrari unveiled the 488 GTB in Thailand. Cavallino Motors, Ferrari’s sole official importer and service center in Thailand, presented the vehicle to around 400 VIP guests at an exclusive event held at the Grand Postal Building in Bangkok.

The mid-engined 488 GTB premiered at the Geneva Motor Show 2015 and replaces the Ferrari 458 Italia. It comes equipped with a 3.9-litre twin-turbocharged V8 engine, capable of producing 661 hp and 760 Nm of torque. Power is transferred to the rear axle of the car via a 7-speed dual-clutch gearbox. The car can reach 0 to 100 km/h in 3 seconds and 0 to 200 km/h in 8.3 seconds. The top speed stands at 330 km/h (electronically limited).

The 488 GTB has been named according to Ferrari’s model designation during the V12 era where the numbers, ‘488’, imply the size of each cylinder (488-cc). By comparison, the three numbers in the name of its predecessor, 458 Italia, refer to the engine size and the number of cylinders (4.5-liter, eight-cylinder engine). That said, ‘GTB’ stands for ‘Gran Turismo Berlinetta’.

Ferrari did not officially disclose the price at which the 488 GTB will be sold in Thailand, but local news sources say it will be listed at a price of 24 million baht ($650,000).

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