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Written by TopGear.com
Bad news. The company behind Project Bloodhound has run out of money. In a statement released this morning, Bloodhound Programme Ltd said it was entering administration. The funds needed to progress from here, while a long way from insignificant, are a drop in the ocean of those needed to run an F1 team. Bloodhound believes that taking the Land Speed Record beyond 800mph (it"s currently held by Thrust SSC at 763mph) will cost around 15 million, while 25 million would be needed to take the record beyond 1,000mph. The British project to break the 1000mph barrier on an 11-mile long, mile-wide track in the South African desert began in 2007. With support from partners such as Rolex, Rolls-Royce (the one that builds aeroplane engines) the Ministry of Defence and donations from individual members of the public, last year the possible record-breaker hit 200mph in tests at Newquay Airport in Cornwall. From 60mph onwards, it maintained a more-or-less constant rate of acceleration, adding 30mph every second. Click here to read how it compares to a McLaren 720S.
Date written: 15 Oct 2018
More of this article on the Top gear website
ID: 13703
Bad news. The company behind Project Bloodhound has run out of money. In a statement released this morning, Bloodhound Programme Ltd said it was entering administration. The funds needed to progress from here, while a long way from insignificant, are a drop in the ocean of those needed to run an F1 team. Bloodhound believes that taking the Land Speed Record beyond 800mph (it"s currently held by Thrust SSC at 763mph) will cost around 15 million, while 25 million would be needed to take the record beyond 1,000mph. The British project to break the 1000mph barrier on an 11-mile long, mile-wide track in the South African desert began in 2007. With support from partners such as Rolex, Rolls-Royce (the one that builds aeroplane engines) the Ministry of Defence and donations from individual members of the public, last year the possible record-breaker hit 200mph in tests at Newquay Airport in Cornwall. From 60mph onwards, it maintained a more-or-less constant rate of acceleration, adding 30mph every second. Click here to read how it compares to a McLaren 720S.
Date written: 15 Oct 2018
More of this article on the Top gear website
ID: 13703
