The Fiat 500 was produced from 1957 to 1975 and was dubbed as the 'Cinquecento' in Italy, and was considered to be a “city car.” Launched as the Nuova (new) 500 in July 1957, it was a cheap and practical in-town fun ride. Measuring less than 10-feet in length, and originally powered by a 479-cc two-cylinder, air-cooled engine, the 500 redefined the term "city car" and became a leader in this genre.

The 500L is described as being the “penultimate model.” The main variation for the L is an updated interior which brought the Fiat 500 up to date. Greater comfort and style were provided in this new model. This two-tone example has been modified with numerous Abarth-style details; the engine is simply listed as a “two-cylinder.” Fender flares, Minilite-style wheels, Sumitomo tires, folding sunroof, Abarth gauges, Luisi wood-rimmed steering wheel, racing-type footpedals, carbon fiber-like mirrors and many racing associated stickers are also found with this unique and fun-inspired presentation.