classic33
Leg End Member
Administrators fail to find the £25 million needed to keep the 1,000mph dream alive
Fans keen to see the Bloodhound land speed record attempt finally come to fruition will be disappointed to learn that the whole project has now been axed. The reason? A lack of funds. Because despite this being one of the greatest engineering stories to come out of Britain in years, the project's leaders - and more recently, administrators - have been unable to secure the £25 million required to take Bloodhound from its 2017 200mph test to the 1,000mph record breaking run that was scheduled for 2020.
Ever hopeful pairing Richard Noble and Andy Green -no less than the former and current land speed record holders - have not given up the fight and are said to be working behind the scenes to secure a future for their jet-powered car. But as things stand, the Bloodhound project has been completely written off. For good.
Those who've been following Bloodhound's progress since the project was announced a decade ago will know just how hard a job the team behind it has faced. Launching a costly project right at the start of a global economic crisis was always going to be a challenge, but few would disagree that Bloodhound's had more than its fair share of setbacks.
Last year, the car finally completed a 200mph run at Newquay Airport, following some much needed investment from Chinese automotive giant Geely. But the project required another £5m to complete the following 500-600mph test on an 11-mile track in South Africa, and a further £15m to achieve 800mph, which would break the existing record. To reach its ultimate goal of 1,000mph, Bloodhound would need the full £25m.
This means Bloodhound had not even reached the
Fans keen to see the Bloodhound land speed record attempt finally come to fruition will be disappointed to learn that the whole project has now been axed. The reason? A lack of funds. Because despite this being one of the greatest engineering stories to come out of Britain in years, the project's leaders - and more recently, administrators - have been unable to secure the £25 million required to take Bloodhound from its 2017 200mph test to the 1,000mph record breaking run that was scheduled for 2020.
Ever hopeful pairing Richard Noble and Andy Green -no less than the former and current land speed record holders - have not given up the fight and are said to be working behind the scenes to secure a future for their jet-powered car. But as things stand, the Bloodhound project has been completely written off. For good.
Those who've been following Bloodhound's progress since the project was announced a decade ago will know just how hard a job the team behind it has faced. Launching a costly project right at the start of a global economic crisis was always going to be a challenge, but few would disagree that Bloodhound's had more than its fair share of setbacks.
Last year, the car finally completed a 200mph run at Newquay Airport, following some much needed investment from Chinese automotive giant Geely. But the project required another £5m to complete the following 500-600mph test on an 11-mile track in South Africa, and a further £15m to achieve 800mph, which would break the existing record. To reach its ultimate goal of 1,000mph, Bloodhound would need the full £25m.
This means Bloodhound had not even reached the
