Ford Fiesta may be small and compact, but it gives outstanding performance when compared to its class according to many car enthusiasts.

As reported by Car and Driver, even without an official confirmation or indication from Ford itself, there are reports that noted that Ford is building a high-performance version of the compact hatch that is said to give 247 of horsepower.

According to pundits, the Ford Fiesta RS will definitely happen and it will feature a modified 1.6-liter turbo, in-line four engine that is paired with a front-wheel drive set-up. And while 247 units of horsepower is strong for a car of this size, it's not enough to justify the added weight, cost and complexity of an all-wheel-drive setup.

The Election Central reported that Ford will offer buyers the option of three or five-door body styles, in addition to choices of Zetec Red Edition, White Edition and Silver Edition.

Moreover, it will feature a black painted front grille, a body color rear spoiler, a unique 16-inch black alloy wheels, rear privacy glass, a black front aerofoil and rear diffuser.

The interior of the 2017 Ford Fiesta RS will get a contrasting black gear knob, leather steering wheel with white stitching and white inserts for the interior door handles.

As for reference, Ford currently offers a similar vehicle in the vein of the Fiesta ST, which is also a front-wheel drive hot hatch and features 1.6-liter turbocharged four-cylinder engine, but only giving an output of 197 horsepower.

The front-wheel drive hardware however, was deemed necessary for its older sibling - the Ford Focus RS - to make-up for its 350 horsepower, 2.3-liter EcoBoost engine.

There are reports that suggested that the Fiesta RS will come sometime in 2017 and it will cost $20,322.

However, one major automobile dedicated website Jalopnik is a bit skeptical of the incoming Fiesta RS.

According to its report, although there is nothing wrong with some speculation, readers are advised to look for as many sources as possible to have a decent amount of information regarding the incoming Ford hatch.

In addition, it noted that the article coming from Autobild, a German motoring website, is more of an inference, rather than a report.

In the article, it was suggested by the author that a Fiesta RS with 250 horsepower would be a great gift to fans of the popular hatch on the model's 40th anniversary.

But since Ford, nor any of its representatives have yet to make an official statement, it's advised to take these "reports" with a grain of salt.