Ian Campbell and Jerry Magana are a director/producer team from the Los Angeles area (also see Media1044.com), who are hoping to highlight the collegiate engineering design challenges involved in Racecar Engineering, specifically the Collegiate Formula SAE events. This project is called RaceLab.tv.
Having worked with student race teams for almost 15 years, I know there is drama, thrills, disappointment, and amazing engineering team effort under high pressure, but I have no idea how this might translate to a video series.
MIT has regularly generated videos following various teams in the 2.007 design course. There are similar videos for the CalTech ME72 design competition. However, in both cases there is much less on the line.
FSAE race teams can involve large numbers of young engineering students committed to several years of effort. It deserves better exposure, but seems a difficult subject.