The Whither WaterCar features a 2002 Convertible Camaro body, a turobcharged 2.5L 300hp Subaru engine, and a Berkeley 12JE. Once the WaterCars is driven into the water all four wheels are hydraulically retracted with the flip of a switch. The bottom covers that enclose the wheel well are also hydraulically extended to create a smooth high speed bottom which allows the WaterCar to easily hit speeds of 40 MPH on the water. Video after the jump.
A Look Back, Whither WaterCar