The Livorno p538 Barchetta is a design from Stefan Schulze. Bizzarrini is manufacturing a small series production of both the Barchetta and the GT (hardtop) version based on their Arbitrage GT chassis.

Livorno is the the Italian city in which Bizzarrini currently resides. While the p538 part is tribute to a 1960's race car which Bizzarini built in very limited numbers.

The complete underbody and outer shell of the Scuderia Bizzarrini Livorno p538 are formed from lightweight carbon fiber, as is the passenger cell.

Power for the Bizzarrini Livorno p538 is a mid-mounted 7.0 litre Chevrolet LS7 whichproduces 505 hp @ 6200 rpm and 475 lb-ft @ 4800 rpm. The engine sits in a framework directly behind the driver. Highlighting the location of the powerful engine are 8 race-like intake trumpets which stick out through the engine cover just behind the cockpit.