Fiat 500 powered by Ferrari 4.5 liter V8

Lazzarini Design has released the first images 550 Italia based on the famous Fiat 500.

The ultimate track toy comes with a complete aerodynamic body kit including new bumpers, revised side skirts and a massive rear wing. There’s also a roof-mounted air intake, a dual exhaust system and a reinforced chassis.

The small car is powered by a rear-mounted, Ferrari-sourced 4.5-liter V8 engine with 550HP (405 kW). The price is around $550 000.