What are the benefits of the Audi R8's mid-engine design?

I've heard that the Audi R8 has a mid-engine design, but I'm not familiar with what that means for performance and handling. Can someone explain the advantages of this design choice?

The mid-engine design of the Audi R8 allows for better weight distribution and balance, resulting in improved handling and stability.

Having the engine located in the middle of the car means that the weight is more evenly distributed between the front and rear axles, leading to better traction and control on the road.

Not only does the mid-engine design enhance performance, but it also allows for a more compact and aerodynamic car body, resulting in a sleeker and more visually appealing vehicle.