Yep the 1/12 scale is comin':

Serpent S120
Serpent’s first entry into the resurgent 1/12th scale 2wd pan car class, the S120 sports a one piece CNC machined aluminium rear pod, central main-shock combined with S120 lateral monoshock. Other innovations include a centrally mounted tweak adjuster as well as adjustable front suspension with independent upper a-arms and pivot ball mounted steering blocks. High quality carbon fibre and glass fibre components are used throughout as well as machined aluminium parts.