What better way to kick off the new year than with one of the most popular platforms in the word for modifying, the BMW E30. This E30, concocted by the team at Vorshlag, was built to compete in the Grassroots Motorsports $2010 Challenge, and then went on to win the $2012 event the following year. Watch as it goes through three engine swaps and two paint-schemes, all while being cleverly modified by the Vorshlag team to be competitive while keeping under the budget limit.

CLICK HERE for the full build thread.

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Each year, Grassroots Motorsports Magazine holds the “$200X Challenge”, a competition for budget-built custom cars to compete in a series of challenges, where the build cost must not exceed the monetary value of the year it is held in (hence the $2009 limit for 2009).

This particular entry is a Pontiac Fiero, a car known for being used as a base for Ferrari 355 replicas. This one has a different destiny though, and receives an electric motor slotted between the front wheels to accompany the factory standard mid-mounted V6, essentially converting it into a twin engine hybrid.

Thanks to Mike for submitting this build, and a big congratulations goes out to him and his fiance Vica on their engagement.

For all the build details, head to http://grassrootsmotorsports.com/forum/grm/west-coast-2009-challenger-awd-fiero-hybrid/10519/page1/