The concept behind Formula SAE is that a fictional manufacturing company has contracted a student design team to develop a small Formula-style race car. The target marketing group for the race car is the non-professional weekend autocross racer. The SAE vision is to set an universitary event, that brings the following benefits:
- to increase job opportunities
- prepare students for real working life
- contribute to the development of engineers
- encouraging research and innovation, taking also care of the costs
- professional development of students in:
- formation of a team
- planning the project/product
- project management
- teamwork
- management (general, financial, time)
- communication
