It’s been just a week since we spotted Ferrari testing a facelifted version of the Portofino camouflaged from nose to rear, and the Italian automaker has already unveiled the revised model. It’s called the Portofino M, and it features a range of upgrades inside and out, a beefed-up V-8 engine, and a brand-new transmission. The first Ferrari to be unveiled entirely online, the Portofino M marks the return of the “M” badge. Short of Modificata, which indicates extensive updates, this badge has been used on a couple of cars in the 1990s and 2000s. Notable examples include the 575M Maranello from 2002 and the F512 M, the third iteration of the Testarossa, in 1994.