Ferrari 296 vs Mazda MX-5

What's the difference?

Anyone who says electrification somehow muddies the Ferrari formula is wrong. This plug-in Prancing Horse is among the most potent and direct vehicles I’ve ever driven, and the electric motor only adds to the experience.

Ultimately, the design and tech changes to the ND MX-5 will be the biggest day-to-day advantages of the updated model, because the mechanical changes don’t make themselves hugely obvious on the road.

If you’re into track days, it’s still a satisfying car to hustle as fast as you can, but it’s at its most accessible on winding roads for weekend drives, where the new differential and track DSC mode won’t come into play as much.

But in a world where accessible sports cars are becoming a rarity, there’s only one rear-drive convertible with a sticker price appropriate for financial mortals, and it’s a pretty damn good thing that it’s the ND MX-5.

Note: CarsGuide attended this event as a guest of the manufacturer, with travel, accommodation and meals provided.

It is hard not to swoon when you gaze upon the 296 GTS, and I say that with no bias - I don’t think all Ferraris have looked this good.

But this is Ferrari at its dreamy, sweeping best, from the tarmac-kissing front — which generates so much downforce and cooling it negates the need for active aero — to its swollen haunches and the glass-topped engine window.

So what’s the difference between this and the GTB? Largely it is the ability to drop the folding roof, meaning you can feel the wind in your hair and that exhaust in your soul. To be honest, though, I reckon it looks better top up...

It’s a cockpit-style driver’s set-up inside, and there’s lots I love and some things I don’t. But let’s start with the steering wheel, which might be one of the best in existence.

It feels magic under the touch, as do the giant flappy paddles which remain fixed in place as you turn the wheel.

It’s also surprisingly comfortable in the figure-hugging sports seats, though climbing in and out of them is not necessarily something you want to do in front of a crowd.

Downsides? There is plenty of tech in the 296 cabin, but it’s all controlled from the steering wheel, making it fiddly and annoying to use.

Also, there are F1-levels of complexity on the control-everything steering wheel, and if I’m being honest, there are some buttons or switches, the function of which I still don’t fully understand.

Alright, we’ve all seen ND MX-5s, you don’t need me to tell you about its proportions or explain its design elements to you in too much detail, so I’ll give you the headline changes.

At the front and rear are new pairs of LED head- and tail-lights, respectively… obviously, fitting into the spaces the old ones took up.

The DRLS and reverse lights have come off the bumpers for both, and are now part of the main lights at each end - no more DRLs in the front bumper, and the reverse lights have been replaced by reflectors.

There are new 17-inch wheel designs for the base and GT trim levels, too, and there’s a new colour - Aero Grey.

Inside, it’s a shame that the tan Nappa leather interior of the RF Black Roof can’t be had in a manual roadster, because it’s gorgeous, even though the inside still looks refined enough for a simple sports car in its base cloth trim.

What do you want to know around practicality? We’re talking two seats, about 200 litres of cargo space total and a couple of smallish storage spaces in the cabin. And… that’s about it.

Next question, please.

One thing Mazda has significantly changed for the ND is the multimedia screen, now a larger 8.8-inch touchscreen running Mazda’s updated software.

It brings the MX-5 up to date without sacrificing simplicity and makes it a little easier to use. The physical dial and buttons for controlling the screen also remain. The USB-C ports are also new.

Oh, and the MX-5 is the first Mazda model to get Connected Services, which is coming to other Mazda models eventually.

Connected Services allows owners to find, lock, and get alerts for their cars from a phone app, even letting them set curfews to notify them if the car is started during certain hours.

Aside from that, another small tweak is the simplified instrument cluster, which aims to be easier to read even when the roof is open and the sun is bright.

The cabin isn’t built to be plush, it’s built for ‘Jinba Ittai’, Mazda’s philosophy that applies most strongly to the MX-5 which means ‘horse and rider as one’.

And trust me, you feel one with the horse- er, car, when there’s not ample room to move. It’s not restrictive, but it’s cosy. 

Everything’s quite well-placed and it’s not busy with buttons or features in here though, it’s made for focusing on driving. 

One downside is the lack of storage, not even a glovebox, in front of the passenger, and the central storage spot under where your elbow sits is tiny, good for keeping the key fob snug though. Also, the cupholders are able to be removed or swapped between the space behind your elbow, or above the passenger footwell.

There’s also a small storage space between the seats behind where your elbow would sit, though it’s tricky to access while you’re driving.

Then there’s the boot, which is usable for a small amount of luggage at 130 litres in the Roadster and 127L in the RF hardtop.

Finally, as a huge positive, probably the biggest advantage of the ND over any other convertible is how easy it is to open and close the roof in the Roadster. You can do it single-handed, which is great if it starts raining and you’re at a traffic light or able to quickly pull over.

The RF hard-top has a switch that automatically opens and closes the roof section.

Getting into an MX-5 is now a little more expensive, with the base manual Roadster up by $2310 to now start from $41,520 before on-roads.

The top-spec soft-top GT RS is now $51,640, or $2800 more than before.

Pricing for the RF hard top is also similarly bumped up, a base manual costing $46,250, and the most expensive GT RS at $56,140.

There’s also a Black Roof edition which comes with tan Nappa leather inside, but that’s only available in an automatic RF, which is possibly the biggest downside to the 2024 range.

Base models get cloth seats, while GT and GT RS models get heated leather seats. The GT RS also comes with stiffer Bilstein dampers, Brembo front brakes, a bracing strut between the front suspension towers and a DSC-Track mode. The difference there is noticeable, so it's worth the extra spend for the more keen driver.

The higher overall costs bring updated tech, a new 8.8-inch touchscreen and a new limited slip-diff in manual versions, plus tweaked mechanicals like improved acceleration response and lower steering rack friction.

But they do look a tiny bit different too.

Now we're talking. The powertrain here is both tremendous and terrifying, pairing a 3.0-litre twin-turbo-petrol V6 with a rear mounted electric motor, and a 7.5kWh battery, to deliver a total 610kW and 740Nm. That power is fed through an eight-speed dual-clutch auto transmission.

Those are, frankly, scary numbers, and enough, Ferrari says, to dispatch 100km/h in just 2.9 seconds, and to push on to a top speed of 330km/h.

Up front, you get one option: a 2.0-litre naturally aspirated four-pot. It makes 135kW and 205Nm, and it’s a delightful little thing, driving the rear wheels only - as it should.

It used to be that the smaller 1.5-litre engine was the more revvy, keen option, rest its soul, but Mazda updated the 2.0-litre to be more eager (and deliver more power) at high revs and basically made the little 1.5-litre redundant.

Anyway, you can have it with a six-speed manual in any variant, or a six-speed automatic in GT guise if you find manual gearboxes difficult or a hassle.

As well as the ability to start up and slink away silently, the Ferrari 296 GTS’s little battery will deliver a 25km EV-only driving range, and contribute to the overall claimed fuel use of just 6.5L/100km.

Charging is AC only, and the the brand reckons it takes around 90mins to top up using an 11kW charger. The self-charging is on-point, though, with the Ferrari able to quickly recoup energy from braking and the like to top up the battery without needing to plug in.

Mazda says the MX-5 uses 6.8L/100km as a manual Roadster, or 7.0L/100km with an automatic gearbox. Or, in the heavier RF 6.9L for a manual and 7.2L for auto.

Not great for a tiny car like this, but pretty good for a sports car!

It’s got a 45-litre fuel tank, takes premium 95 RON or higher, and while it should hypothetically be able to travel more than 600km with its on-paper claims, expect fuel use to sit closer to 8.0L/100km if you’re driving it anything like it deserves.

The engine is undoubtedly a highlight, and we’ll get to that in a moment, but I first want to talk about the steering in this car.

It might sound like a weird point to get hung up on, but it is sensational, and maybe the best I’ve ever experienced. Generally speaking, super-responsive steering can risk feeling overly sharp and uncomfortable when cruising, but somehow the 296 manages to feel super natural, super responsive, and super engaging, without every feeling sharp or darty. It’s just predictable, responsive, and spectacular. 

Honestly, it is a highlight of a drive experience filled with highlights, with another being the dual-nature of this drop-top supercar. Long before I got anywhere near a twisting road I needed to navigate the usual nightmare that is Sydney, tackling traffic, suburbia, freeways, tunnels and expansion joints galore, and the 296 never felt uncomfortable.

Instead, the 296 slipped into a comfortable kind of lope, never jarring or rough, and eminently easy to get along with. And yet, when you arrive on the right road that veil of sensibility drops, and the Ferrari quickly reminds you of its potential.

For a start, the acceleration is properly, startlingly aggressive. Engage the 'Qualification' drive mode (which unlocks the full might of the Ferrari's electrified powertrain) and flatten your right foot, and you'll find the world suddenly hurtling past your windows, and your knuckles will no doubt whiten as you feel the rear tyres fighting for traction against the onslaught should you try it on anything but the straightest of roads. 

It's addictive, but it's just one element of a near-perfect combination on offer here, with the 296 GTS the stiffest Ferrari drop-top to date, which becomes immediately clear as you start to attack corners with ever-growing confidence.

Grip, stability and stiffness in spades, the GTS delivers. And all accompanied by an exhaust howl so angry and evil it’s hard to believe it’s being generated by a V6.

It’s a thing of very near perfection.

It feels like every motoring journo under the sun (literally if the roof is off) owns or has owned an MX-5 of some sort.

And the first time you drive one, you might understand why. 

If you spend your days testing and driving a bunch of different cars that aim to be many things at once, it’s refreshing to drive something that aims to be one: fun.

That’s it, the MX-5 feels like it was built to be fun. Not for convenience, not for power, certainly not for the school run.

And fortunately its simplicity remains with this update. All Mazda has done to change the way it drives is attempt to improve the rear limited-slip differential and improve the steering a little by reducing friction in the rack, as well as improve throttle response.

Has any of that changed the way it feels to drive on-road? No, not massively, but the ND was already such a delight that Mazda could have kept this update to purely design and interior tech changes and it would have still been one of the best-value buys around in terms of fun.

The MX-5 still feels relatively softly sprung while still being a dynamic and communicative sports car that’s engaging to drive even at low speeds, and rewarding (or frustrating) to drive fast.

On tight, winding roads, the MX-5 is at home, its soft suspension keeps you humble with its shifting weight and its relatively meagre outputs keep your licence safe.

In fact, despite being slightly compromised as a daily drive, the MX-5 is still plenty of fun even in traffic, there’s something about the satisfying click as the shifter slips into gear, or the little rev matches heading back down through the cogs when approaching a red light.

The 2.0-litre four-pot is a keen unit, and the six-speed manual is light and easy to work with, plus its steering is light without sacrificing road surface feedback - that feedback can quickly turn into cabin noise on a coarse highway which could become a little irritating on a long trip.

But the MX-5 can still be plenty of fun on track, where you’re more likely to get the most out of its new limited-slip differential and Track DSC mode.

It’s equally frustrating and satisfying to hustle the MX-5 around the East Circuit at The Bend in South Australia, where the track is twisty, busy, and unforgiving. Get it wrong, and the MX-5 lurches or slides to let you know you’ve made an error. 

Get it right, however, and the little roadster glides through the corners, camber changes and even over apex kerbs smoothly and carrying impressive speed.

Plus, the electronic assistance won’t usually kick-in until you really need it, a welcome change from cars that are constantly trying to keep you from having fun behind the wheel.

The ND MX-5 actually scored five stars with ANCAP back in 2016, even though its score has now expired. It’s not obvious how well it would fare under newer, stricter tests, given the small car’s lack of advanced driver assistance - not that that’s a bad thing in the case of a sports car.

Still, for a two-seat convertible, the MX-5 has a decent list of kit to keep you safe including front and side airbags, alerts for driver attention, blind spots, lane departure and rear-cross traffic, parking sensors and a reversing camera, belt pretensioners and side-impact door beams and even automatic Smart City Brake Support.

Standard is a three year warranty, but you can extend that for up to five years. Then, if your car has less than 90,000km on the clock, you can opt into the 'New Power15', which gives you up to 15 years total warranty coverage and is fully transferable.

The first seven years scheduled maintenance is free-of-charge.

Mazda’s five-year, unlimited km warranty covers the MX-5, including five years of roadside assist.

Servicing costs are pre-set, with intervals every 12 months or 15,000km up to seven years or 105,000km. They cost between $447 and $638, averaging out at about $544 each.