You are a University and are 17 ? One year ahead ? How do manage that ?
With regards to your belief that a project would teach you more about Motorsport design engineering than a book, I'm not sure that the mini is the sort of technology you should be learning about, but it would make you more confident with Tools. Unless there's a module on classic rally preparation ?
Sorry, went off topic a bit there.
I'm from Scotland, it's just like that here. I would like the Mini to teach me basic mechanics, as it's not possible to get a job in a garage at the weekends..