This feisty little machine is the Abarth 500 R3T, a car designed to take part in a new promotional rally trophy in 2010.
There are Brembo disc brakes all round, ventilated at the front with four-pot callipers, and those great looking 7x17ins OZ asphalt rims are designed for 19/62-17 tyres.
The racing shock-absorbers are adjustable, with coaxial spring and wheel to alter the ground clearance plus special shims to adjust the castor and camber angles.
"The Abarth 500 rally version will be type-approved for Group R3T, the category for turbocharged cars up to 1600 cm3 in capacity. This class represents a good compromise between car cost and performance, and is ideal for private drivers and young people who want to show their worth in a true racing car, capable of outstanding performance," says Abarth, although it hasn't yet announced a price.