About 2022 Lexus IS 350 For 2022, Lexus introduces its first-ever IS 500 F SPORT Performance, which dials up the sports sedan performance with a powerful V8 engine and ferocious quad exhaust system. The IS 500 expands the IS family and ushers in a new era of F SPORT Performance models to appeal to driving enthusiasts who crave higher levels of performance over the standard F SPORT Design and Handling models. The IS 500 engine provides a boost in displacement and performance over the IS 350's 3.5-liter V6. With a push of the engine start button, its naturally aspirated 5.0-liter V8 engine roars to life, providing a not-so-subtle reminder that something special lies beneath its raised hood. The IS 500 has a maximum output of 472 horsepower at 7,100 rpm and 395 lb.-ft. of peak torque at 4,800 rpm. The 2022 Lexus IS 500 uses an eight-speed Sport Direct Shift automatic transmission with lockup torque converter. It also features drive mode select Sport S and Sport S+ found in the IS 350 F SPORT, which provides advanced engine and transmission mapping to enhance performance. The IS 500 comes standard with the IS RWD F SPORT's Dynamic Handling Package, which includes Adaptive Variable Suspension and a Torsen Limited Slip Differential that improves handling and performance thanks to enhanced traction when cornering or exiting turns. The IS 500 features subtle exterior enhancements to help set it apart from the standard IS 350 F SPORT. The hood has been raised nearly 2 inches and receives sculpted center character lines, while the front bumper and fenders have been lengthened to help accommodate the vehicle's naturally aspirated V8 muscle. The IS 500 comes standard with exclusive 19-inch, split-10-spoke Enkei alloy wheels. Other exterior treatments include a lower rear diffuser accent that accentuates the quad exhaust system, as well as dark chrome window trim.