The rear looks really bulky with that bodywork in front of the rear tyres (even more so when you compare current coke-bottle shape F1 rear ends). But the front does looks nice and real race car. From the front it looks miles better than the last Dallarra.
The Penske livery breaks up the proportions nicely, the National Guard one looks OK from the side but its too many different patches. Lotus should put more contrast in, this looks like a bulky undertakers car (guess its the tar from the J&P’s).
As for the 2012 F1 cars, I am afraid it will do nothing to improve their looks.
It’s growing on me, but I agree that the bits coming out of the side pod in front of the rear tires look too cartoony for my tastes. If they flattened that bit, I think it’d be a pretty mean looking car.
I like that the rear wing is high and wide (makes it look less stupid than F1’s narrow wings)- shame it looks like a plow though. If it has to look like that around the rear, then I suppose it’s about as good as we could hope for, and I do like the nose.