The Porsche Mission E Cross Turismo might have been the star attraction at the company’s press conference in Geneva but the automaker also revealed the new 911 GT3 RS.

Based on the outgoing 911, the GT3 RS is a high-performance model which features a naturally aspirated 4.0-liter flat-six engine that produces 520 PS (383 kW) and 468 Nm (346 lb-ft) of torque. The engine is connected to a seven-speed PDK transmission which enables the car to accelerate from 0-60 mph in 3.0 seconds and hit a top speed of 193 mph (312 km/h).

Since the model has been designed with performance in mind, it features a number of lightweight components. The fascias are constructed out of polyurethane, while the front trunk lid and fenders are made from carbon fiber. The model also has a magnesium roof, lightweight rear windows and lighter door panels with pull straps. The rear seats have also been removed and the car features less sound deadening material than mainstream variants.

Buyers who want to reduce the weight even further can order the Weissach Package which costs $18,000. The package adds a number of carbon fiber components including the roof, sway bars and coupling rods. These components save approximately 13 lbs (5.8 kg) of weight which is roughly $1,385 per pound.

If the Weissach Package doesn’t bust your bank account, you can order forged magnesium wheels for an additional $13,000. They’re a bit of a bargain, compared to the Weissach Package at least, as they weigh around 25 lbs (11.3 kg) less than the standard wheels.

Even in base form, the 911 GT3 RS is pretty impressive as it features a 911 GT2 RS-sourced hood with NACA ducts to optimize brake cooling without increasing drag. The model also has a larger front lip spoiler, carbon fiber shelled seats and an Alcantara-wrapped steering wheel with a yellow center marker at 12 o’clock. Other highlights include a titanium exhaust system, active engine mounts, an adaptive suspension and a torque vectoring system.

The 911 GT3 RS will be launched later this year and pricing starts at €195,137 in Germany and $187,500 in the United States.