Alfa Romeo is commemorating its centenary this year. We all know that, but what comes as another great news is a new compact and lightweight sports car concept coming from Italy’s leading design house.

As a part of its celebrations Alfa Romeo will unveil its all new 4C concept at this year’s Pebble Beach Concours d’Elegance adding another star to its line of concepts. The new car is previewed as a more affordable follow-up model to the 8C Competizione as the company maneuvers to envelope a larger customers base under the blanket of its superior Italian design language and performance. It has been rumored that 4C concept will shun carbon fiber or a Ferrari-built engine as it moves on to the affordable segment of sportcars. Instead expect the 4C to be powered by a highly tuned, 250-hp four-cylinder engine mated to a rear transaxle as in the 8C.

If all goes well, the manufacturer is to announce the production of 5000 units with prices starting at about $70,000 (€50,000).