Rolls-Royce has announced that it is working on a new convertible model, set to go on sale by mid-2016.

The new Rolls-Royce convertible is likely to be based on the same platform as the Wraith (pictures above), and feature a similar two-door design with the obvious addition of a folding roof.

On Bing: see pictures of the Rolls-Royce Wraith convertible

Find out how much a used Rolls-Royce cost on Auto Trader

Rolls-Royce says the new car “will deliver effortless, open-top touring” and promises a combination of the marque’s usual luxury with “an engaging and exhilarating driving experience”.

It is yet to reveal whether the roof will be a traditional fabric affair, in the manner of the existing Phantom Drophead Coupe, or a more modern folding hardtop. We would suggest the former is more likely from a packaging perspective, as it will allow the car to retain more luggage space.

The name of the new Rolls-Royce convertible is also under wraps at present. While ‘Wraith Drophead Coupe’ is a distinct possibility, the Wraith itself is based on the Ghost, so it could be Rolls-Royce uses an entirely different moniker to distinguish the new model.

Rolls-Royce Motor Cars chief executive officer, Torsten Muller-Otvos:

“I am truly delighted to confirm today the development of our new model which will open an exciting new chapter in the great story of Rolls-Royce Motor Cars. We are currently developing an exciting and thoroughly contemporary interpretation of a pinnacle drophead tourer which will introduce even more discerning men and women to Rolls-Royce ownership.”

Rolls-Royce Motor Cars chairman, Peter Schwarzenbauer:

“The announcement of a new Rolls-Royce model is always a seminal moment in the automobile industry. When it arrives in 2016, this elegant and sensuous new car will build on the success of our current models and will play a key part in fulfilling Rolls-Royce Motor Cars’ commitment to long-term sustainable growth.”

The new Rolls-Royce convertible is officially at the prototype testing stage. While a 2015 Geneva Motor Show concept debut isn’t impossible, buyers won’t be able to get their hands on the car for another year. Expect to pay around £250,000.

Rolls-Royce Wraith review (2013 onwards)

Rolls-Royce Phantom 2 (2014 onwards)

Read another Rolls-Royce new car review

On Bing: see pictures of the Rolls-Royce Wraith convertible

Find out how much a used Rolls-Royce cost on Auto Trader