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The Cayman GTS sits above the S with more power, sport exhaust as standard, and PASM Sport suspension. The 718 Cayman GTS 4.0 (2021+) uses the naturally aspirated 4.0L flat-six — a significant upgrade over the turbocharged flat-four in the 2017–2020 GTS.
When comparing listings, the "4.0" in the trim name signals the flat-six and a fundamentally different driving character. The 981 Cayman GTS uses the 3.4L flat-six with 340 hp and is arguably the most complete naturally aspirated Cayman short of the GT4. All GTS variants include Sport Chrono and the sport exhaust as standard equipment.