There is a new convertible from Ferrari to replace the California T:
R & T article:
The Ferrari Portofino Is Your New Entry-Level Italian Dream GT
The Portofino uses a development of the California T's 3.9-liter V8, with power rising from 552 hp to 591. Those extra 40 horsepower come courtesy of new pistons and connecting rods, a new intake system design, a new one-piece-cast exhaust header, software tweaks and new variable turbo boost management. Interestingly, torque remains almost the same as in the outgoing model at 560 lb-ft. As before, the Portofino's engine is hooked up to a seven-speed dual-clutch transmission.
Ferrari also claims the Portofino's new chassis resulted in "a consequent reduction in weight despite an increase in torsional rigidity," though the automaker doesn't specify the new car's weight. The Portofio retains the California T's slight rear-weight bias, at 46:54 front to rear.