Ferrari has confirmed the revised 2012 California convertible will get more power, a lower body weight and a new optional handling package.

The model will be about 30kg lighter and will deliver an additional 30 HP. Both the exterior and interior will also be improved.

The changes in weight and power have cut the car’s zero-to-62 mph (0-100 kilometers per hour) acceleration time to 3.8 seconds.

Having been introduced to the world at the Paris Motor Show last October, the Ferrari California Spider can now be admired on our roads, too.

For those who wish to further personalize the appearance and performance of this exceptional sports car, Edo Competition is now offering very special accessories.

Newly-developed wheel/tire sets in 20 and 21 inches are guaranteed to draw amazed looks from passers- by. The wheels are available in several attractive designs.

Vicki Butler Hederson from 5th Gear tests out the new Ferrari California hard-top convertible.

To commemorate the launch of the Ferrari California, Officine Panerai has produced a special-edition Ferrari two-counter chronograph.

The watchcase, in polished steel with brushed edges, is 45mm in diameter and boasts a cushion shaped profile. The rotor of the Ferrari California Flyback Chronograph is engraved with the Prancing Horse, while the black dial bears the Ferrari California logo to show the connection between the two luxury items.

The pushpieces and the winding crown enjoy a neatly machined knurled texture. The semi-circular sweep of the dial section between 12 and 3 o’clock resembles the tachometer instrumentation of a Ferrari car.

400 examples of the Panerai for Ferrari California Flyback Chronograph will be made. The watches are fitted with a convex sapphire crystal, and a thickly padded strap in alligator leather accented with contrasting white stitching. The price of the limited-edition watch has yet to be confirmed, but is expected to be around $12,600