 The name Fórmula itself derives from the brand's heritage from the past, as a reminding of the creation of the Spanish "Fórmula Nacional" race tracks back in the 1960s, when SEAT started its implication in motorsport activities.The first concept for the car built by the Turinese company Stola was shown at the 1999 Geneva Salon international de l' auto, featuring a water-cooled 2-litre 20-valve turbo four-cylinder 240 hp engine which was riding onto an aluminium chassis weighing almost 900 kg.Its 20-inch light alloy wheels (7.5 J x 20" front and 9 J x 20" rear) were fitted on 205/45 R20 front and 255/35 R20 rear tires and mounted onto an independent suspension system consisting of Formula One-style wishbones in front and horizontally mounted dampers rear system.