(CNN) - If you have the need to spend a lot of extra cash, Ferrari may have a new ride for you.
The company released photos of its new convertible, which will officially be unveiled in Germany next month.
The Ferrari Portofino has a 550 horsepower engine, putting its top speed at almost 200 miles per hour. As an extra perk, designers enhanced the engine's sound so drivers can enjoy it with the roof down.
The Portofino is an entry-level Ferrari, but its price tag is still expected to be about $200,000.
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