The 2007 grand prize is a €12,000 Burton kitcar. The concept has to be designed in SolidWorks based on an available chassis and meet specs for kitcar manufacturability.
The contest for this year ended June 30th and I happened to come across one of the contestants entries on flickr. After looking at the rest I will have to say it’s definitely one of the best. It was rendered in PhotoWorks. Here’s some pictures of this cool concept.