new open wheeler, single seater only so far but they reckon it's modular so can be a 2 seater also.
http://www.greencarcongress.com/2005/09/magna_steyrs_mi.html#more
Dunno about the power source though!
Nick
Whack a nice big V8 in there and you may be on to something....
That bloody plastic canopy will turn this car into an oven in no time,even in the winter sun