Engine wobble

[venomx]

Not sure what the part I have circled in is called, I'd assume it's some sort of air intake ?

However, it seems to wobble around a bit but doesn't disconnect or anything. Is this OK ?

[Catlover]

Looks like a straightforward flexible coupling, maybe an air intake. It will wobble about as it is designed to do that. The engine wobbles about on its flexible mountings, designed that way becasue when you accelerate and deaccelerate the engine moves.

[corradovr6]

As Catlover says it looks like the cold air feed to the airbox.  Does it go to a largish black box? By all means post some more pics with a broader view of the engine.