CMU's Formula SAE car + a deserted car lot + plenty of gas = awesome

A few days back, I had the pleasure of being given a whirlwind tour of Carnegie Mellon University Formula SAE racing team's garage. I'd like nothing better than to tool around in one of these tiny, awe-inspiring asphalt rockets: all that's needed are dual cannons, a rear flamethrower and a button to make buzzsaws emerge sideways out of the wheels.

I understand that they may also be raced.

Shots of the team, and the stripped machine, after the jump!