Fiat's Performance division, Abarth, has unveiled its new 124 spider.

Developed with input from the Abarth Racing Team, the rear wheel drive roadster features a mechanical Limited-Slip differential as standard to secure drive and traction. Weighing just 1,060 kilograms, most if it concentrated between the axles and the engine for better handling, the 124 has a weight-to-power ratio of 6.2 kg/HP - the best in its category says Abarth.

The suspension has a high double-wishbone layout in front and a five-link set up in the rear, specifically tuned for greater braking and cornering stability. The Abarth dynamic vehicle set-up ensures drivers can get the most out of the car, while the “Abarth by Bilstein” dampers, together with stiffened anti-roll bars, provide ‘ultimate handling and driving comfort’.

Powered by a four-cylinder 1.4-litre MultiAir Turbo engine, it delivers 170 HP and 250 Nm of torque for a top speed of 143mph and a 0 to 62mph time of 6.8-seconds. The spider is available with a six-speed manual or the automatic Sequenziale Sportivo gearbox with paddles behind the steering wheel. Shifting is described as extremely fast and the performance of the car is boosted even further by a “Sport” setting mode. Stopping power comes from the Brembo braking system, with aluminium front callipers. To provides a 'proper race car feeling' when driving on track, the new 124 Spider lets the driver disengage the electronic controls to experience the mechanical balance and linear engine response.

Fitted with the Racing Anti-glare kit, a matt black treatment for bonnet and boot lid, the interior Racing Alcantara Kit, a standard-fit ‘Record Monza’ exhaust is also installed to ensure outstanding engine performance and an 'unmistakable sound'.

Styling wise, a horizontal line rises from the front and stretches rearward to join with the rear line near the rear light cluster: this is a reference to the classic Fiat 124 spider. Both the front bumper, with its larger air intake, and the rear bumper’s aerodynamic extractor were both shaped in the wind tunnel, as were the rear spoiler and wind stop which both contribute to improving air flow. The 17-inch alloy wheels, the windscreen surround and the roll bars are finished in “Forgiato (forged) Grey”. The bonnet humps suggest the longitudinal position of the engine, also a direct reference to the original 124 spider. At the rear, ‘swallow-tail’ rear wings and the horizontal rear lights pick up particular features of its classic predecessor.

On the inside, the leather seats are supportive and allow for a sporty driving position as far back and as low as possible. The controls are in tune with the car's sporty set-up with the position of the aluminium pedal board, the small-diameter steering wheel, the short gear lever and the start button on the dashboard and three-point seat belts all contributing to a sporty driving experience. The instrument panel includes a large rev counter with red background arranged in a central position.

Five body colours are available: special solid "Turini 1975 White " and “Costa Brava 1972 Red, metallic  "Isola d’Elba 1974 Blue”, "Portogallo 1974 Grey" and “San Marino 1972 Black” - the nomenclature a tribute to its Abarth’s rallying success.

The Abarth 124 spider will be available from September with UK pricing yet to be confirmed but expected to start around the £30k mark.