The debut of the new IS 250C flagship marks the 11th F Sport launch, and the first convertible offering to carry the F badge.
Arriving nearly four years on from the Australian debut of the regular IS 250C, the F Sport variant will be priced from $82,300.
In hardtop form, the IS 250 F Sport is priced at $66,300, while the regular IS 250C convertible tops out at $81,300 for the Sports variant - suggesting the new F-badged car will replace the current Sports model.
As with its sedan stablemate, the IS 250C F Sport benefits from a number of styling and handling tweaks, including a unique suspension setup.
Changes to the suspension package include unique bushings and rear stabiliser bar, revised damping settings and enhanced spring rates.
The familiar F Sport styling pack is featured here, including 10-spoke 18-inch alloy wheels, a mesh grille and lower lip spoiler, and F Sport fog lights.
In the cabin, the IS 250C gets black leather accented seats with contrasting perforations and stitching, F Sport steering wheel and gear lever, scuff plates and a black roof lining.
"F Sport has definitely resonated with Australian Lexus customers, with almost 50 per cent of IS 350 sales and one-third of CT 200h sales being F Sport models," Lexus Australia boss Tony Cramb said.
"The addition of our 11th F Sport model reinforces the strength of the offering in Australia with F Sport models now available across our CT, IS, GS and RX lines, with the soon-to-be-launched LS 460 and LS 600h F Sport models rounding out the range."
Joining the IS 250C F Sport will be an upgrade to the entire IS convertible range, including new navigation, audio, voice control and Bluetooth functions, along with Bluetooth audio streaaming.
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The Lexus IS 250C F Sport will go on sale in November, priced from $82,300 (plus on-roads).
Customers will also be able to specify a $6000 enhancement pack, including Pre-Collision safety System, Active Cruise Control and Mark Levinson Audio.