Lazzarini Design has proposed this outrageous Ferrari V8 powered Fiat 500 project. Dubbed "550 Italia", this little beast will be powered by a detuned version of the 458 Italia's V8 that will produce 542 hp after the treatment. Unfortunately/fortunately, this project is still on paper and the company is still looking for an investor who is willing to spend $550k to make the 550 Italia a reality.

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