The low noses on the 2014 Formula 1 cars has certainly generated some creative interpretations with many teams designing a finger or anteater type of nose that has many photoshop folks working overtime with salacious interpretations.
The nose height was mandated by the FIA regulations that took the original nose from 550mm to 185mm high. The reason for the change is to possibly prevent the cars from being launched in the air should they run into the back of another car such as Mark Webber experienced when clouting Caterham F1’s Heikki Kovalainen. If memory serves, I believe I recall the FIA suggesting that the high noses were also approximately head-high in a side impact as well.
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