Engineering Design: The concept of the design event is to evaluate the student’s engineering process and effort that went into the design of a vehicle, meeting the intent of the competition. Prior to the event, teams are required to submit an engineering design report and a design specifications sheet for evaluation. At the competition, vehicles must be presented for design judging in finished condition, fully assembled, complete and ready-to-race. The judges will not evaluate any vehicle that is presented at the design event in what they consider being an unfinished state and will award zero points for the entire design event.
Cost and Manufacturing: The objective of the cost and manufacturing event is to evaluate the team’s understanding of the manufacturing processes and costs associated with the construction of a prototype car. This includes trade off decisions between content and cost, make or buy decisions and understanding the differences between prototype and mass production. Prior to the event, teams are required to submit a Cost Report with a detailed Bill of Materials and supporting documentation. At the competition, vehicles must be presented for cost and manufacturing judging in finished condition, fully assembled, complete, ready-to-travel on road. The judges will not evaluate any vehicle that is presented at the cost and manufacturing event, in what they consider being an unfinished state and will award zero points for the entire event.
Business Plan: The objective of the BPP is to evaluate the team’s ability to develop and deliver a comprehensive business model which demonstrates their product – a prototype race car – could become a rewarding business opportunity. The judges should be treated as if they were potential investors or partners for the presented business model. The business plan must relate to the specific prototype race car entered in the competition. The quality of the actual prototype will not be considered as part of the BPP judging. To convince the potential investors or partners that the team’s presentation is worthy of their time, it is required that an executive summary is submitted before the competition. The executive summary should contain a brief description of the team’s business plan.