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Hankook is continuing to develop a non-pneumatic tire for passenger cars, and the iFlex is the company's fifth prototype for the idea.

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Hankook Ventus V12 Evo – Click above for high-res image gallery

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A tire war could be sparked in Formula One within a couple of seasons if Michelin gets what it wants. The French tire manufacturer ceased its participation in the sport after F1 moved to a single-supplier formula, selecting Bridgestone as its partner. But with Bridgestone set to leave at the end of next season, team bosses reportedly met with Bernie Ecclestone in Malaysia on Friday to discuss potential replacements.

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click image above to view video of the drifting Porsche in action

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