With the 500 getting the lion’s share of the attention, it’d be all too easy to forget about the Punto. But Fiatoffers more than one model, and so does its tuning division, Abarth.

The Grande Punto has been around since 2005, and was updated in 2009 as the Punto Evo, something of a stopgap until its eventual replacement comes along. Abarth offers its own version of the Punto Evo for those who find the 500 either too small or too cutesy, and has now rolled out an even more powerful version of the Italian performance hatch.

Instead of the 165-horsepower turbo four in the existing Abarth Punto Evo, the EsseEsse version gets a more promising 180, thanks to revised ECU programming and bigger turbocharger. The brakes are also upgraded, as are the springs, dampers and wheel/tire package. The result is a 7.5-second sprint to 62 and a 134 mph top end.

Best of all, the modifications in the EsseEsse kit can be ordered and installed from the dealership up to a year after the car was purchased. Although the model was unveiled nearly a year ago in Paris, it’s only just hitting the market. Read more about it in the press release after the jump.

What’s the point in moving an engine to the back to drive the rear wheels if you can’t light up those rear tires? That’s what the folks behind the Motore Centrale R230 have evidently figured, taking the mid-engined FiatAbarth 500 for a spin or two around the back lot at a racing circuit.

The R230, for a quick refresher, is the first product of Lucarelli Monza, with an interior done up by Aznom. The comprehensive re-engineering of the car involved moving the engine – with some serious modifications – to the back of the car for entirely different dynamics from the Cinquecento on which it’s based.

We brought you initial details of the car’s development last month, followed by its unveiling at Top Marques Monaco. Now the same snap-happy videographers at Marchettino have given us footage of the R230 pulling donuts in a parking lot. And while the driver may not exactly be Tanner Foust, it’s worth a watch, so check it out after the jump.

Like weddings in the Deep South, everything with cars is relative. For instance, we’d strain to call most cars with racing stripes running every which way “subtle.” But when the treatment comes from Fenice Milano, anything short of gold chrome is understated. See? Relative.

The Milanese design house is the same that has gilded everything from the Fiat 500C to the Rolls-Royce Ghost. But for this special edition, they’ve teamed up with Romeo Ferraris, the Italian tuning house that’s given us custom Corvettes, Land Rovers and of course… Fiat 500s. Okay, so between them there’s no lack of love for the retro hatchback, and this is the embodiment of their shared passion: the Abarth 500 Monza.

A limited-edition tribute to the legendary grand prix circuit, the Monza edition is limited to just ten examples. So what makes it so special? Well it’s got red and blue racing stripes – the track’s official colors – that do a wicked Herby the Love Bug impression, sans Lindsay Lohan (for better or worse). But while the stripes continue into the white leather interior, this isn’t just a trim package.

Romeo Ferraris stepped in to nearly double the engine’s output, upping the horsepower figure from 135 to 260. They also threw in 280mm Brembo disc brakes, 205/40-R17 Yokohama tires and a full aero kit. And in case that wasn’t enough with the special treatment, each example gets a brass plaque with the owner’s name, an edition number on the shifter and a whole mess of Monza logos all over the place. Which may seem a little over the top, but again: think relative. And while you’re mulling that over, check out the high-resolution images in the gallery below.

The other day we told you to bone up on your Italian because the Fiat 500 configurator came online. Now you should seriously start saving your Lira because the high-performance 500 Abarth model has been confirmed for the U.S. market. No date has been confirmed, but we’ve been told that the launch of all 500 models will be staggered and the Abarth is last in the queue.

Those other variations include the standard 500 that you can start ordering now, the 500C drop-top and a 500 that runs on all-electric battery power. Still, the one we’re breaking out the driving gloves for is the Fiat 500 Abarth… and rumor has it that we might see the tiny terror running Stateside within the next three years because the 500 BEV hits the market in 2012.

Reports of Abarth getting its own sports car have been surfacing pretty much since Fiat relaunched the brand. They seem to have intensified recently, with reports alternately suggesting that the Scorpion marque could partner with either Lotus or KTM on the development of a mid-engine roadster. The latest scuttlebutt, however, indicates that Abarth could go it alone on the new model.

The issue with KTM is reportedly that its carbon-fiber X-Bow, upon which the Abarth roadster could be based, is too expensive for the low price point Fiat seeks. The hesitance to work with Lotus, however, may be more personal. Lotus CEO Danny Bahar defected there from Ferrari, and took a number of personnel from both Maranello and Maserati with him.

As a result, Abarth could build a Lotus Elise rival from the ground up, powered by the latest-generation MultiAir engine mated to the company’s new dual-clutch gearbox. Such a move would, however, seem at odds with Sergio Marchionne’s push to integrate products and platforms across Fiat and Chrysler brands. But if a mid-engine Dodge roadster came out of it as well, you wouldn’t find us complaining.