Aiming to bring the very first supersonic vehicle across the finish line at over 1000 mph, some 237 mph over the current land speed record, the Bristol based Bloodhound SSC team of thrill seekers have finally had to close the doors on a project that has been in the works for a number of years - even getting as far as having an almost fully completed car ready to roll before eventually falling short of the required funds to complete the ambitious project.
Having an almost fully completed "car", and having run already in 2017 during shakedown trials where speeds in excess of 200mph were easily reached, the team has now been broken up and the car is for sale - for less than £250,000!
"We have worked tirelessly with the directors to identify a suitable individual or organisation who could take the project forward," joint administrator Andrew Sheridan said.
"Despite overwhelming public support, and engagement with a wide range of potential and credible investors, it has not been possible to secure a purchaser for the business and assets."
Mr Sheridan added: "We will now work with key stakeholders to return the third-party equipment and then sell the remaining assets of the company to maximise the return for creditors."It is thought that the team would still require in excess of £25m to complete the project and go for the land speed record, initially expected to take place at the South African Hakskeen Pan venue in the Northern Cape, but without the required additional investment, dreams of a new and previously unattainable record will have to be shelved... for a little while at least.
"You're going to need to find a few million to get it running to full speed," said driver Andy Green, a man who has been pivotal in the development of the Bloodhound SSC up to this point.
"We have basically completed the main structure, the desert is ready, we just need the funding."The current holder of the Outright World Land Speed Record is ThrustSSC, a twin turbofan jet-powered car which achieved 763.035 mph - 1227.985 km/h - over one mile in October 1997.
Anyone got a spare £250k and fancies going quickly in a straight line?
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