The plan? First, to smash the Nürburgring Nordschleife record of 6 minutes, 11 seconds (set in May of 1983 by driver Stefan Bellof in a Porsche 956); and second, to compete at the 2017 Le Mans 24 Hours as a ‘Garage 56' experimental car. No biggie, then.
So where most students' ambition is to make it into that 9am Critical Theory seminar for once while nursing a hangover from the seventh circle of hell, these plucky contenders are looking to build a tech-packed hybrid prototype for the most demanding race of them all. Maybe they don't have student union bars in Holland.
The IM01 will feature four electric motors – one on each wheel – along with a range-extender gasoline engine, here taking the form of a rotary unit. Rotary units, as we know from the old Mazda RX-7 and RX-8, are cool.
Then there's that mad body with more downforce than you can shake an Adrian Newey at. We're told it'll run some form of blown diffuser – like those banned from F1 – along with a jet-fighter inspired cockpit for proper Maverick-esque japery.
These are just the first renderings, mind, so power and performance figures haven't been revealed. We understand the car will be ready by the end of next year, so we'll keep you updated.
Reckon it's got a chance of besting Bellof's ‘83 time?
This story originally appeared on TopGear.com.
If you would like to comment on this story or anything else you have seen on BBC Autos, head over to our Facebook page or message us onTwitter.