Lotus Engineering has been selected to participate in the prestigious '2002 Goodwood Gravity Racing Soapbox Challenge' at the famous Goodwood Festival of Speed.

A team of nine young graduates from Lotus has designed and is currently building a totally unique vehicle for this event, the Lotus Type 119.

Project leader David Stacey said: "We are honoured to have been given this fantastic opportunity to represent Lotus Engineering in this very famous and exciting event. The Type 119 will exhibit many of Lotus' key strengths, such as the use of state-of-the-art material technologies, bonded aluminium structures and design innovation."

The Type 119 has a carbon fibre monocoque and utilises bonded Aluminium - both of these advanced technologies are used in F1. It is expected to tip the scales at only 50kg, and will reach speeds of around 60mph down the Goodwood Hill, powered by nothing other than the force of gravity.