Automotive X Prize to launch at New York Auto Show
The X Prize Foundation issued a press release today, stating that they will announce the "Title Sponsor" and prize amount on March 20 at 1 pm at the New York International Auto Show. They will also release all sorts of juicy details, including the final rules, information about the staged races, the entry process, and the process for becoming a host city.
I have already purchased tickets and arranged my press pass and I will be there. If you've got any questions you'd like me to ask of the X Prize Foundation folks or the title sponsor, please feel free to leave a comment. Here is the entire press release:
Automotive X PRIZE to Announce Title Sponsor and Multimillion Dollar Prize Purse at 2008 New York International Auto Show
NEW YORK, NY--(Marketwire - March 13, 2008) -
WHAT/WHY: The Automotive X PRIZE, an international, multimillion dollar competition designed to inspire a new generation of viable, super-efficient vehicles, will announce its much anticipated title sponsor and multimillion dollar prize purse at the New York International Auto Show (NYIAS). This announcement signals the official beginning of the Automotive X PRIZE competition.
WHEN/WHERE: Thursday, March 20, 1 p.m. EDT The New York International Auto Show; Crystal Plaza at Jacob Javits Center
VISUALS: A select number of teams with their vehicles and representatives from the to-be-announced title sponsor will join the Automotive X PRIZE in the booth for photos and interviews.
THE GOAL: The independent and technology-neutral Automotive X PRIZE competition is open to teams from around the world that can design, build and bring to market 100 MPG or equivalent (MPGe) vehicles that people want to buy and that meet market needs for price, size, capability, safety and performance.
RACE PARTICIPANTS: To date, more than 60 teams from nine countries have signed a Letter of Intent to compete for a share of the multimillion dollar prize purse and global publicity.
OTHER SHOW ANNOUNCEMENTS: In addition to the major announcements of the Automotive X PRIZE title sponsor and multimillion dollar prize purse, X PRIZE officials will unveil new details on the entry process, rigorous cross-country stage races planned for 2009 and 2010, and the process for becoming an Automotive X PRIZE Host City.
FOR PRESS WHO CANNOT ATTEND: The Automotive X PRIZE will host an hour-long call for media to speak with X PRIZE Foundation CEO and Chairman Dr. Peter Diamandis and a title sponsor representative, scheduled for 3:30 p.m. EDT on March 20. Call 646-428-0612 to RSVP.
ABOUT THE AUTOMOTIVE X PRIZE:
The Automotive X PRIZE is a project of the X PRIZE Foundation, which creates and manages prizes that drive innovators to solve the world's greatest challenges. The X PRIZE Foundation first captured world headlines in 2004, when Mojave Aerospace Ventures, led by legendary aircraft designer Burt Rutan and Microsoft Co-founder Paul Allen, built and flew the world's first private vehicle to space twice in two weeks to win the $10 million Ansari X PRIZE. The Automotive X PRIZE is being designed with the generous help of world-class experts, advisors and organizations who represent a broad and diverse group of interests and share the organization's concerns and goals. For more detail, see our advisors, supporters, and blog at http://auto.xprize.org.
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Maybe you could ask them about the Biofuels Prize that was reported, and whether or not anything in that planned prize will support the AXP, or vice versa.
I'd also be interested to know if they've considered an automotive prize related to the AXP, but specifically geared towards the major car manufacturers. What I'm imagining is a "small" but promotable prize for a vehicle that perhaps doesn't quite reach the fuel efficiency and low emissions standards of the AXP, but that comes with significant evidence of intent to mass produce at >> 10,000 vehicle rates. The actual prize money might not matter so much in this case, so the XPF could perhaps donate the money - a significant but not "X PRIZE" level amount - in the name of the winner to, say, scholarships for kids of the car company, or some similar good (and marketable) cause. The main thing the winner would get is the AXP "stamp of approval" and similar promotion.
Anyway, have a good time at the show ...