Lazzarini Design Fiat 550 Italia

We're pretty sweet on the resurrected Fiat 500. The quirky little hatch is an engaging driver with adorable looks. It is not what we'd call fast, however – even the Fiat 500 Abarth just barely lands itself in "quick" territory.

Fortunately, there are hard-working souls out there willing to remedy the machine's acceleration deficit. Lazzarini Design has done some measuring and discovered that, with a little body work, the 500 can play host to much more formidable powerplant. How formidable? The crew wants to yank the beating heart from the Ferrari 458 Italia and plop the 4.5-liter V8 behind the seats of cinquecento. You know, where the car gods intended the engine in the 500 to be.

These are clearly our kind of people.

But they aren't entirely off their medication. The engine has been detuned from 570 horsepower to a more reasonable 550 hp. Lazzarini says the project actually stretches the 500 wheelbase by almost a foot in order to fit the engine and transmission safely aboard. The whole machine weighs in at 2,200 pounds, even with ballast on both front corners to keep the car planted. If you like what you see, the studio says it is currently looking for an investor to help build the machine. Lazzarini Design estimates the project will cost around $550,000. Check it out over at the Lazzarini site.