Stefan Klein, an automobile designer / engineer from the Slovak Republic, has successfully completed the first flight of his Aeromobil Version 2.5.
About 20-years in the making, this flying car prototype boasts a unique design with folding wings and a propeller in the tail.
The aviation aspects seem to be prominent in the design, with a streamlined cockpit, super light weight, and sleek tail fins in the back.
Propulsion is provided by a 100 hp Rotax 912 water cooled engine mounted behind the seats, with drive shafts leading both aft to the propeller and forward to the two front wheels for driving.
The Aeromobil fits into a standard parking space and can be refueled at the same gas station as all the other cars. The structure is a steel tube frame with a carbon fiber composite shell, a configuration familiar to fans of racing cars.
Official Source: http://www.gizmag.com/klein-flying-car-first-flight/29448/