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A couple of years ago, there appeared before us the Abarth 695 Tributo Ferrari. It was a pumped up Abarth 500 Esseesse built as a hat-tip to Ferrari, and it sounded great.

Until you realised it cost £37,500.

Now we get the second in the canon of Small Italian Cars That Are Tributes To Italian Supercar makers: the new Abarth 695 Maserati Edition. And it will cost £32,000 when it goes on sale at the end of 2012.

See more pics of the Abarth 695 Maserati Edition

At it’s heart, the 695 Maser is a convertible 500, packed off to the Abarth finishing school of mentalism where its bubbly 1.4-litre turbocharged petrol engine gets significantly levelled up from 135bhp to 180bhp, courtesy of a Garrett 1446 turbo. It also boasts - in sport mode - 184lb ft of torque.

Abarth has fitted a five-speed automated manual gearbox, dubbed Abarth Competizione, operated via steering-wheel paddles, 305mm front Brembo brake discs, Koni shock absorbers and a dual-mode exhaust that helps engine performance and “delivers an inspiring sound above 3,000rpm”. Nice.

As such, Abarth quotes a 0-62mph of under seven seconds, a top speed in excess of 140mph, 43.4mpg on the combined cycle and CO2 emissions of 151g/km.

The inside of the tiny Maser-tribute is laden with 695 logos and sand beige leather, while the dash and gearbox get a matt-finish carbon lining. The instrument panel has been specifically built by Jaeger, there’s a JBL sound system, and for your rather significant outlay, you get customised Abarth graphics and a plate with your model number.

Speaking of which, just 499 models will be built, each with that special ‘Pontevecchio Bordeaux’ paint from Maserati. You even get a Tramontano leather luggage set too.

Yes, it is expensive, seeing as the standard Abarth 500C costs just £16,861. But consider this: each and every one of the 1,695 Tributo Ferraris we told you about have already sold out. All of them. Price, therefore, is a moot point.

Gallery: Corsa VXR Nürburgring vs Abarth 695 Tributo Ferrari

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