But as much as we've doodled, the technology needed to devise a flying car always seemed a hundred years away. Until now, that is. British inventor Giles Cardozo and a team of engineers have successfully crafted the first legal, bio-fueled flying car. In three minutes, the vehicle can convert from an all-terrain automobile to an aircraft that travels up to 70 miles per hour and reaches a maximum altitude of 15,000 feet. To do so, the driver first deploys the nylon wing and parachute. The fan's propeller then pushes the vehicle forward, creating enough wing lift to get it off the ground at only 45 miles per hour, so long as the airstrip is longer than 650 feet.