Yes, the big bucks will be going into Warp Factor IV. We are in no hurry, it will not race until the 2013 season, maybe end of 2012. The plans are to build from a Funny Car frame/ cage, that is the lightest configuration for a full body car. It's kinda like a dragster (rail) with a full body. The body will be one piece carbon fiber. Netgain Warp Motor, new design. Evnetics Shiva controller.
Much more info to come!