Autoblog Spanish has full coverage of the debut of SEAT's new competitor in the hot hatch wars, the Leon FR, courtesy of our man in Madrid, Alberto Ballestin. We're posting a few of his live shots here, the full set of pics is online here.

According to What Car? Volkswagen's Spanish subsidiary is pricing its 197 hp FR at $31,910 USD, about $5,630 less than VW's GTI, which uses the same TFSI 2-liter engine.

SEAT announced that an even hotter 240 hp version of the Leon, the Cupra, will debut in July at the British Motor Show.

More photos after the jump!

[Sources: Autoblog Spanish, What Car?]