Ferrari Portofino M (2021-2023) review – an Italian GT rival to Bentley and Aston Martin

Ferrari's entry-level open-top GT finally found its sweet spot in M-spec; more engaging than a Bentley, more refined than a 911 Turbo, there's little not to like

Evo rating
  • Bolder look; useability matched to supercar performance
  • Lacks the passion of the best Ferraris

If it’s a direct translation you are after this is the Ferrari Portofino Modified, but if it’s all the same to you we’ll stick with the mother tongue and call it the Modificato, or M as Ferrari does. 

In Maranello ‘M’ means more than a regular model-year update, and indicates that some serious work has been undertaken to justify the name change. True to form, the Portofino M represented more than a nip and tuck when it launched, even if the model had a short lifespan having since been effectively replaced by the Roma Spider.

Indeed, many of the Portofino M’s upgrades were a result of the Roma’s arrival and a desire for Ferrari to bring its entry-level car up to date. Therefore, not only did it receive a sharper look, at the bequest of existing owners looking to start their Ferrari ownership experience with a car that looks like a Ferrari, and a host of interior updates that included a new central touchscreen for the infotainment system and air-scarves for the seats, but it also gained a significant number of mechanical changes to both the powertrain and chassis. 

In terms of the styling, it’s certainly more honed and toned where the base car carried unwanted BMI from its California ancestors, the M benefiting from an aero-inspired design in terms of more prominent cooling ducts and intake openings. It doesn’t have the elegance of the Roma or the striking impact of an F8 Spider, but the Portofino M looks like a Ferrari, which isn’t something you could always claim of the previous generations of the roadster that have gone before. 

> Ferrari Roma review

The interior changes weren’t as comprehensive, with upgraded seats improving the driving position and allowing you to sit lower in the car while feeling you are sat in it rather than on it. There's also an air scarf system that breathes warm air on your neck for when the roof's down in cold weather. The Roma’s more sweeping and tech-heavy dash feels more modern than the Portofino's, though, even with the updated touchscreen infotainment system that came as part of the M upgrade. It’s okay, but it will frustrate anyone expecting smartphone levels of functionality and usability. 

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What you will notice is the new Manettino control on the steering wheel, which adds Race and ESC OFF settings to accompany Wet, Comfort and Sport. Race features a toned-down version of Ferrari’s Slip Slide Control - called Ferrari Dynamic Enhancer - that is designed to provide the Portofino M with an increased level of precision at the limit. 

Dig deeper beneath the redesigned body and you’ll also find an eight-speed gearbox replacing the standard Portofino's seven-speed unit. The first seven ratios in the 'box are four per cent shorter, with number eight providing the cruising legs for improved efficiency. 

> Aston Martin DBS Volante 2023 review

On the subject of improved efficiency, much of the work carried out on the 3.9-litre twin-turbocharged V8 was aimed at doing just that. This includes the fitment of a particulate filter, which robbed the flat-plane crank motor of around 20bhp, therefore detailed modifications were made to engine’s internals not only to make up for the lost power but to find some more, too. So with new inlet and exhaust valves, modifications to the turbochargers and optimisation of the exhaust system Ferrari found an additional 40bhp (20bhp for the particulate filter loss and a 20bhp gain), which is how the Portofino M produces 612bhp. 

Revised spring and damper settings and new bushes accompany the adaptive dampers to provide a ride and balance to suit a GT car rather than an out-and-out supercar, although the rear spring rate remains higher than that of the Roma due to the increased weight over the rear axle with the Portofino. Not that this hampers its GT credentials; with the roof up there’s a calming ambience to the interior that allows you to relax and fall for the Portofino M, making you want to take the long way to anywhere you’re going. 

The V8 responds with a measured finesse rather than a frantic jolt when you summon up the torque reserves to pick off the miles and pass slower traffic, with little need for the eight-speed auto to shuffle down more than a ratio when more go is required, although the downshifts aren’t particularly fast if you leave the modes in Comfort and auto. 

Turn the dial to Sport, depress the magical bumpy road damper button on the steering wheel and select manual for the gearbox and the Portofino M begins to fizz between your fingertips. It was never short of grunt but its responses when pushed are genuine Ferrari in how it gathers pace and how quickly it does so, your preconceptions of this being a Ferrari-lite left someway behind as you summon another gear to extinguish the shift lights. 

Its chassis can handle it, too. It corners with a flatness that belies its shape - from some angles it has a look of a car that’s more likely to roll around a corner rather than cut a clean path through it - and it summons levels of grip and precision that are wholly unexpected. There’s a quickness to its steering that some might find both unexpected and hard to judge, but with time and miles behind the wheel you learn its rate of response and the best way to get the nose in and hooked to your chosen line. Once you do, the M moves through a corner, especially medium to quick ones, with impressive poise with enough feedback to let you know both what’s happening with the front Pirelli Corsas and how the electronic diff is ordering the rears around. Predictable and flattering in equal measure, the Portofino M has enough to interest the committed and plenty to enthral the first-timers. 

Gripes are few; the buffeting with the roof down is unexpectedly high, although it’s nothing a wind deflector would rectify this if you’re prepared to forgo the use of the rear seats for anything other than additional storage. But its ride matches its GT credentials with the improved chassis providing it with a bonafide Ferrari character. The engine sounds like a thoroughbred (from the outside at least) and it has the looks worthy of wearing its (optional) Ferrari shields. 

Price and rivals

Launching with a starting price of £179,440 (including a seven year manufacturer’s warranty), the Portofino M was aimed squarely at Aston Martin’s DBS Volante, Bentley’s Continental GT convertible and the Porsche 911 Turbo S Cabriolet.

As a front-engined, GT-orientated convertible, the Roma Spider now fulfils the same role as the Portofino M in a more modern, more elegant package; Ferrari has stopped taking orders for the latter ahead of Roma Spider deliveries.