Lazzarini Design has released the first renderings of the 550 Italia.
Based on the Fiat 500, the model features an aerodynamic body kit with new bumpers, revised side skirts and a prominent rear wing. There's also a roof-mounted air intake, a dual exhaust system and a reinforced chassis.
Power comes from a rear-mounted, Ferrari-sourced 4.5-liter V8 engine that produces 550 PS (405 kW / 542 hp). It normally develops 570 PS (425 kW / 563 hp) in the 458 Italia, but Lazzarini detuned it to optimize traction.
The company is currently looking for an investor who is willing to spend $550,000 (€437,410) for the development of the "toy."