So I just discovered this and it is awesome! It is a VW Rabbit that has been modified with a hydraulically lowered engine bay. (updated with better pictures)

Yes the motor is in the back of this because it is none other than a Porsche 930 turbo flat six motor. It was modified by Franco Sbarro to satisfy the desires of a customer. To put this in perspective a stock mk1 had between 60-110hp from the factory. This motor produced 330hp. That's 3-5 times more power than stock!

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The Car could even be driven in the "open" position!

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So I just found this a few moments ago and this is really all I have learned about it. Do any of you know anything else about it?

more recent photos:

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