Formula SAE is a student design competition put forth by the Society of Automotive Engineers. There are two competitions in the United States, one being in Lincoln, NE and the other in Brooklyn, MI. These competitions are composed of both static and dynamic events. The static events include the Design Event (150 points), the Cost & Manufacturing Analysis Event (100 points), and the Presentation Event (75 points). The dynamic events include the Acceleration Event (75 points), the Skidpad Event (50 points), the Autocross Event (150 ponts), the Fuel Economy Event (100 points), and the Endurance Event (300 points), totalling at 1000 possible points.
The rules are very flexible, allowing a great deal of design and engineering creativity. The rules are in place to ensure a standard of safety is maintained and that the engines are similar enough to keep a level playing field. After that, chassis, suspension, steering, and driveline are all up for innovation.