Finally, a flying car that actually works

Futurists have been promising us flying cars for decades, but most of the proposals we've seen have looked pretty lame. Most are tiny aircraft with folding wings and small road wheels, making them pretty lousy both on the road and in the sky.
The Maverick from Florida based I-TEC takes a completely different approach. In place of small fixed wings with limited lift, it uses a type of powered parachute called a ram-air wing, making it much easier to fly. Based on a dune buggy like vehicle, the Maverick can be converted to flying mode in a few minutes by a single person, and can take off in as little as 300 feet at 40 mph. In road-going mode the Maverick's light weight and 140-hp Subaru engine translates to an eye-opening 3.9 second 0-60-mph sprint, and a 90-mph top speed.
I-TEC says the Maverick will be available starting some time next year, and that it can be driven with a regular driver's license, or flown with a sport pilot's license. The price was not announced.

Maverick Sport, via Gizmag.com