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The Honda CR-Z Racer is not a new car – a version of it took to Le Mans last summer – but we got to see it for the first time at the Society of Automotive Engineers World Congress in Detroit and realized this thing is indeed ready for the track.

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Earlier this year, Honda unveiled a concept version of its Acura NSX at the Detroit Auto Show. Now, the Japanese automaker appears to be taking a speedy approach to hybrid sales in China similar to that mid-engined sports car.

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2011 Honda CR-Z – Click above for high-res image gallery

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Bisimoto Honda CR-Z Hybrid – Click above for a high-res image gallery

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Bisimoto Honda CR-Z Hybrid – Click above for a high-res image gallery

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Custom 2011 Honda CR-Zs at the 2010 SEMA Show – Click above for high-res image gallery

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Custom 2011 Honda CR-Zs at the 2010 SEMA Show - Click above for high-res image gallery

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The Honda CR-Z hybrid isn't the CRX gloriously returned from the dead, but it also isn't all that bad. Maybe what the car needs to attract some attention is a big, flashy 3D display in Times Square that takes up five blocks and where, as the press release says, "Maxim Magazine models will distribute copies of their special 3-D October issue and Honda will sponsor a special performance from chart-topping hip-hop trio, N.E.R.D." In fact, Honda's CR-Z advertising in NYC will be the "first-ever ta

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2011 Honda CR-Z – Click above for high-res image gallery

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Mugen Honda CR-Z – Click above for high-res image gallery

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2011 Honda CR-Z – Click above for high-res image gallery

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2011 Honda CR-Z – Click above for high-res image gallery

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2011 Honda CR-Z – Click above for high-res image gallery

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Honda has officially joined the ranks of automakers like Kia and Ford by posting solid profits during the fourth quarter of the company's fiscal year. The Japanese automaker managed to see profits rise by 28 percent compared to the same period last year, thanks largely to increased hybrid sales. The announcement marks the fourth-straight quarter of profits for the company after seeing a rare operating loss at the end of March, 2009.

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2011 Euro-Spec Honda CR-Z – Click above for high-res image gallery

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2011 Euro-Spec Honda CR-Z – Click above for high-res image gallery

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Click above to watch the video after the jump

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2011 Honda CR-Z – Click above for high-res image gallery

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