The first generation Ford Festiva was a subcompact Jay's Shogun features a mid-mounted Taurus SHO engine shoved into a widebody Fiesta, but this little rat is powered by a 1.6 liter DOHC 4-banger from a Mercury Capri, boosted with some home brew hybrid T-bird turbo - it all sounds like a mix of repurposed parts in the true sense of the term "hot rod." The seller mentions that he has raced and done well against E46 M3s, C5 Vettes, Mustangs & GTOs - a strong boast for a cheap front drive beater hatch.
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I was going to ask about how he had it smogged. But the ad says registered as non-op. Looks like it's a track-only car.
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