Back in August, Caterham announced an incarnation of an entry-level Seven that will be powered by a 0.7 liter turbocharged Suzuki engine. Yesterday, the brand finally launched the model: the Caterham Seven 160.

Prior the launch, Caterham revealed few details about the engine and other components. Now, the brand revealed that the 3-cylinder Suzuki turbo engine produces 81 PS, and can sprint from 0 to 60 mph (96.6 km/h) in 6.5 seconds. Despite a small engine, it can throttle up to 161 km/h max.

The entry-level sports car also gets a live-axle rear suspension, complementing the engine and light body weight. It provides an intuitive handling experience associated with Caterham.

With the specifications of the Seven 160, it can offer a more economical and accessible sports car experience without sacrificing performance. Furthermore, the sports car complies with the EU5, EU6, and JC08 emission standards.

Caterham will start producing the Seven 160s by January 2014 with the first batch of deliveries lined up a few months after in spring.

“The 160 offers something truly different to the entry-level market. It’s more economical, more accessible and every bit as fun on the road as other Sevens but has its own unique personality,” said Caaterrham Cars CEO Graham MacDonald.