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Could it be a mid-engine Veloster, or something even more interesting?

Motorgraph reports that Hyundai's working on a Theta III engine for a mid-engined car, perhaps hinting at a mid-engined Veloster.

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There are many things we love here at Autoblog, but one of the quirkiest is the mid-engined hot hatch, whether it's the Renaultsport Clio V6 or the Volkswagen GTI W12-650 concept. Unfortunately, we can never seem to get our hands on one – the former never having made the transatlantic journey and the latter remained strictly a concept. And now we've got one more to salivate over.