In 1972 Fiat unveiled its new 124 Spider along with a very special version tuned by Abarth. The 124 Abarth Rallye featured a strengthened and lightened body fitted with alloy and GRP panels. The 124 Abarth Rallye had a permanent hardtop roof which suited its roll as a rally car.
Mechanically the 124 Abarth Rallye used a tuned 1756cc dual overhead cam four cylinder engine which developed 128bhp. As an option owners could specify an even more powerful version with a 16 valve cylinder head. Production of the 124 Abarth Rallye lasted until 1975, just over 1,000 were built.