The 2017 Porsche 718 Boxster removes two cylinders, replaces them with a turbocharger (pictures)

Two very big things have happened to Porsche's Boxster -- a new name and a new badge.

The 718 moniker is a throwback to Porsche's flat-four-engined race cars from the late 1950s.

The Boxster's new, turbocharged flat-four is a 2.0-liter unit, putting out 300 horsepower and 280 pound-feet of torque.

Upgrading to the Boxster S increases displacement to 2.5 liters, and output rises to 350 hp and 309 lb-ft.

With the optional PDK dual-clutch transmission (a six-speed manual is standard), the Boxster will hit 60 mph in 4.5 seconds, and the S will do it in 4 flat.

Looks-wise, there are a few differences. The air intakes are larger to support the turbocharger, the front fascia appears a bit slimmer and a Porsche badge is now affixed to the decklid spoiler.

Buyers can also opt for full-LED headlights and taillights, which sport Porsche's signature four-point DRL design.

The suspension is purportedly completely revised, with Porsche's adjustable sport unit available as an option for the first time.

Inside tweaks are a bit more apparent, including revised HVAC vents and a new steering wheel. The biggest consumer-tech upgrade is the addition of Porsche's PCM touchscreen infotainment system as standard equipment. Navigation is optional, as is the Connect Plus package, which adds online services.

Porsche's 718 Boxster is technically on sale now, but it won't be hitting US dealerships until late June. The Boxster retails for $56,000, and the Boxster S starts at $68,400.