The new model is powered by a Euro V 1.4 16v petrol turbo engine which boasts 135bhp at 5,500rpm and peak torque of 152 lb ft at 3,000rpm in Sport mode.
The 500 Abarth was developed by Fiat Group Automobiles Style Centre in the spirit of the 500 Abarth from the 1960s.
Interior extras include an analogue gauge to measure turbo pressure and an LED which lights up at the appropriate moment for optimal gear changes.
Prices and a UK on sale date are yet to be announced.
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