Formula SAE is a challenging student engineering competition organized by SAE where students design, build, and race small formula-style vehicles. Students conceive, design, fabricate, and compete with a formula car of their own creation over the course of a year. The competition consists of static design events and dynamic driving events held annually. The IIT Madras Formula SAE team has registered for the 2008 competition in Japan where they will showcase their formula car and be evaluated on its design and performance.