Did early Bizzarrini advocate Oliver Kuttner really collect $5 million?

I met him when he was one of the first to bring Bizzarrini Corsas to America and even got caught up in making replicas out of I think it was his home in Charlottesville, VA. I randomly Googled his name and read where it was reported he won $5 million in a contest to develop a car that would get 100 mpg. Called the X-prize or something, But as i read about the contest, which no regular automakers entered, I wondered if it was a real event and if Oliver collected? I'd like to hear he did because I think those type of contests, historically, resulted in better airplanes, etc. and I think Oliver is a German immigrant so , being the son of an immigrant myself, I like to see someone achieving the American dream

 

I am genuinely happy for him. My father emigrated to America to work for Ford in the $5 a day era, but never had such lofty ambitions. I heard Kuttner's partner in the production version of the car died but he is soldering on. Even if he doesn't get it on the market maybe some other company will buy the technology and he can collect royalties. I think during the next energy crisis, 100 mpg has a certain attractive ring to it.