http://www.newsweek.com/flying-cars-drag-race-series-alauda-aeronautics-airspeeder-1646274 > A technology company has released footage of a flying electric vehicle drag race as it plans to launch a racing series in 2022. > The video was released by Alauda Aeronautics via its Airspeeder racing company. Alauda, founded in 2016, designs what it calls "flying cars" or VTOL "multicopters"—essentially a large drone with a seat in the middle that uses eight sets of propellers to lift off. VTOL stands for Vertical Take-Off and Landing.