The moment Ferrari teased it last week, we knew it was coming. The second teaser from yesterday was merely confirmation. The Ferrari 296 GTB convertible, on the other hand, is now here. The 296 GTS follows a pattern we've seen before with Ferrari's mid-engined vehicles as they shift from coupe-only to convertible variants. The same twin-turbocharged 3.0-liter V6 engine, hybrid assistance, and combined output of 818 horsepower are delivered to the rear wheels via an eight-speed F1 dual-clutch automatic transmission.

So, what's different now? In summary, when the conditions are right, the 296 GTS provides limitless headroom.

To begin, the 296 GTS follows a long history of Ferrari vehicles being named by their engine displacement. GTS is for Gran Turismo Spider, while 29 relates to the displacement and 6 to the number of cylinders. This isn't a grand tourer, though; it's a full-fledged plug-in hybrid supercar, with the hybrid system adding 164 horsepower to the 654 horsepower produced by the 120-degree V6 alone.

It'll run 15.5 miles on electricity alone at speeds up to 84 mph if you conserve energy, but if you let off the gas, it'll hit 62 mph in 2.9 seconds (equal to the coupe), 124 mph in 7.6 seconds (0.3 seconds slower than the GTB), and peak out at almost 205 mph.

The GTS is 155 pounds heavier than the GTB-badged coupe, weighing 3,395 pounds dry. The extra weight is due to a folding hardtop roof that opens and closes in only 14 seconds at speeds up to 28 mph. The glass engine bay cover may be kept since the roof is built in such a way.

With the roof up, there are few visual differences from the 296 GTB, and the end product looks just as we expected. Drop the roof, though, and the shoulder air intakes remain, forming a curved top profile that leads to an active rear spoiler Ferrari claims is inspired by the LaFerrari.

Customers who wanted the 296 GTS to come with the Assetto Fiorano package to make the open-top experience as sporty as possible were granted their wish. It generates 794 pounds of downforce at 155 mph thanks to a series of aerodynamic changes, customized aesthetics, and a weight-reduction technique to attain the aforementioned dry weight.

The aerodynamics and cooling qualities of the convertible variant are said to be unaltered from those of the coupe due to the design of the tonneau cover.

As a digitally enhanced cockpit, the interior stays essentially unaltered. For the GTS, however, designers devised a new diapason (tuning fork) type seat with color synchronization to the instrument cluster's outside borders. When driving with the top down, aerodynamic flaps on the bodywork help to reduce wind buffeting in the interior.

Through outstanding throttle response, steering sensations, brake pedal feel, and the sound originating from the V6, the 296 GTS is expected to keep the GTB's concentration on entertaining driving characteristics. Ferrari also uses the hybrid regeneration system to increase handling characteristics, gathering energy during lift-off by overbraking the rear axle and recovering energy even when the ABS brakes are activated during hard braking.

There are four driving modes available. eDrive is all-electric, whereas Hybrid is the default mode, which balances combustion and electric power. Qualify puts all available power to the road at the price of retaining charge, while Performance keeps the engine running to maintain battery charge while giving great performance.

The Assetto Fiorano option includes adjustable Multimatic shock absorbers, carbon fiber aero trim, and even more carbon on the interior and exterior. The AF package's doors are substantially different from the basic components, resulting in a 17.6-pound weight savings. A distinctive livery inspired by the Ferrari 250 Le Mans adds the final touch. The 20-inch alloy wheels of the Assetto Fiorano are wrapped in Michelin Pilot Sport Cup2R tires when available.

The 296 GTS is expected to arrive in the United States in early 2023, with a price tag of around $400,000.