Abarth 695 Tributo Ferrari lands

The red $70,000 pocket rocket has a top speed of 225km/h and does the dash from 0-100km/h in less than seven seconds. It's been built as a tribute to the historic performance links between Ferrari and Abarth.

The Abarth 695 Tributo Ferrari is fitted with a 1.4 Turbo T-Jet 16v, tuned to develop more than 132kW of power. This is combined with an MTA (Manual Transmission Automated) electromechanical gearbox with race-inspired steering wheel controls that enhances engine's performance by reducing gearshift times. It rides on 17" alloy wheels featuring a design inspired by Ferrari wheels.

Ride and braking systems have also been strengthened to cope with the extra power: modular Brembo 305mm disc brakes with fixed four-piston calliper disc and special shock absorbers that let you enjoy performance in total safety. And of course there is a "Record Monza" variable back pressure "dual mode" exhaust, designed to improve engine performance and deliver an inspiring sound over 3000 revs.

Still, it's a lot of money for a tiny car.

The Tributo Ferrari is finished not just in classic Modena Red, but also in the brand-new shade of Modena Yellow, with carbon fibre door mirrors and B pillar trims.  Details such as the wheels and front air intakes are in Racing Grey.

"Abarth Corsa by Sabelt" carbon fibre racing seats are fitted and finished in black leather and Alcantara with a shell and seat base in carbon fibre.

The list goes on ... but it's a lot of money for a tiny car. The interior is embellished with other details too, like the special kick plate passenger footwell, door sill trim and a plate bearing the vehicle series number. The Tributo Ferrari comes with a special pack to keep it safe and clean.

The safety pack includes a dedicated travel bag with an emergency triangle, work gloves, emergency lights, and an Abarth yellow safety vest.  The cleaning kit includes Abarth Leather Cleaning Fluid, Abarth Body Wax and Abarth Interior Cleaning fluid. It even comes with its own personalised car cover.

The standard Abarth Travel Pack comprises of a set of "stone washed" black leather luggage designed specifically for the luggage compartment of the Abarth 695 "Tributo Ferrari".

The Abarth 695 "Tributo Ferrari" has a recommended retail price of $69,990 excluding statutory charges, delivery and dealer costs.

The bad news is that all 45 of the cars destined for Australia and New Zealand have been sold.