That's almost my point, since when was a hot hatch worth £40,000?!
Hot hatches were the young mans ferrari, they made you the champion of the traffic light grand prix and a hero on the twisties with your friends. They were light, cheap (ish) to run, cheap to buy and a hoot to drive.
This is a heavy car made fast, yes it is still fast and I bet it's handling is impeccable, but it's not what a hot hatch was "supposed" to be.