Here We Go Again: The Bloodhound LSR Project Is Up For Sale Once More – Proven To 628mph So Far

Here We Go Again: The Bloodhound LSR Project Is Up For Sale Once More – Proven To 628mph So Far

How many billionaires are left? The Bloodhound LSR project has been an amazing thing to watch coming together over the last several years. The Andy Green driven machine has been planned to be the first 1,000mph car on Earth and it has been making steady progress in that direct, running a best speed of 628mph so far in testing. This said, the latest owner of the machine, Ian Warhurst has thrown in the financial towel and is looking to sell the whole shooting match.

We’re not blaming the guy or throwing shade as Warhurst personally funded this monster out of his pocket to make those 628mph test runs happen. The next phase of the program is the installation of the assist rocket that will add even more speed and bring the capability to 800mph (give or take). That’s going to be about an $11,000,000 job to get the thing all fitted up and then transport the whole team and works back down to South Africa to test ‘er out. That number is also an assumption that nothing goes wrong.

So back to the original question. How many billionaires are left that want to have their paws on this thing and its accomplishments? The tout the car as a potential bonanza of sales and promotion for someone, but as yet, no one has really shown massive interested in “owning” the sides of the car for media attention or other.

We hope someone picks up the ball because this thing is just starting to get where it was designed to go!

800 Mph+ Bloodhound LSR Project For Sale

New Investor Sought To Ensure Record Attempt Next Year

  • Bloodhound LSR is looking for a new backer
  • After Covid-19 lockdown delays, this is the last chance to save Bloodhound
  • Bloodhound has proven World Record potential, following successful tests at 628 mph
  • The Team is now targeting 800 mph+ record attempt in 2022

The Bloodhound Land Speed Record project, today, announced that it is looking for a new owner to take the team through to setting a new World Land Speed Record in 2022.

In 2019, the Bloodhound team deployed out to South Africa to conduct high speed testing of the most advanced straight-line racing car in history.  The car smashed the test programme target of 500 mph, hitting a peak speed of 628 mph (1011 km/h), validating the computer modelling used in designing the car and proving that Bloodhound has real record-breaking capability.

The team now needs to install the Nammo monopropellant rocket, giving the car a top speed of over 800 mph (1287 km/h).  Once again, the car will then run on its specially prepared 12-mile (19.2 km) long dry lake bed race track at Hakskeen Pan, Northern Cape, South Africa.

Completing the rocket installation and taking the car to South Africa to exceed 800 mph will cost £8 million, based on the costs of the test programme to date.  With a global following and a high level of media coverage, including the highly successful Channel 4 documentary ‘Building the World’s Fastest Car’ which aired late last year, the project’s fundraising potential is significant as the record attempt gets closer.  The project is expected to recoup increasingly large amounts through sponsorship and rights sales as the programme develops, making this a unique and exciting investment.

Bloodhound LSR’s current owner and Chief Executive, Ian Warhurst, is now stepping back from leading the project and putting the vehicle up for sale.  After buying the car at the end of 2018, Ian has more than achieved his original objectives of rescuing Bloodhound from the scrap heap and ensuring the team deployed to South Africa in 2019 to complete the high speed test programme. However, the current economic climate brought on by the global pandemic has severely impacted the search for fundraising and the project timeline. As a result,  Ian is inviting a new owner to take over Grafton LSR Ltd, the holding company which owns the Bloodhound LSR project.  The new owner will inherit a proven high-speed car with a demonstrated potential for an 800+ mph world land speed record.  Ian said: “It has been a privilege to lead this team of world-class engineers over the past two years. I was spellbound – along with a huge audience around the world – as we tested the car up to 600+ mph in South Africa.” He continued: “When I committed to take the car high speed testing in 2019, I allocated enough funding to achieve this goal on the basis that alternative funding would then allow us to continue to the record attempts. Along with many other things, the global pandemic wrecked this opportunity in 2020 which has left the project unfunded and delayed by a further 12 months. At this stage, in absence of further, immediate, funding, the only options remaining are to close down the programme or put the project up for sale to allow me to pass on the baton and allow the team to continue the project. This gives someone with the right passion and available funding to effectively swoop in at the last minute and take the prize. I will, of course, be cheering from the side-lines when Bloodhound smashes through 800 mph.”

The project has inevitably been held back by the effects of the Covid-19 global pandemic.  Work now needs to restart in the next few months to get ready for a 2022 record attempt.  The alternative would be to put the car into long-term storage, with no certainty of being able to restart the project.  As the prospect of a post-Covid world beckons, the Bloodhound team now needs to find a new owner to continue its ‘engineering adventure’.

Bloodhound driver Andy Green commented: “In my opinion, the Bloodhound team has built the best Land Speed Record Car ever.  It made our 628 mph test run look easy!  We’re now raring to get to 800 mph+, to showcase this technical marvel and to invite a global audience to join in an incredibly exciting adventure.  After the horrible 2020 pandemic year we have all just experienced, the world needs a good news story, and Bloodhound is ready to deliver it”.

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5 thoughts on “Here We Go Again: The Bloodhound LSR Project Is Up For Sale Once More – Proven To 628mph So Far

  1. Stickman

    I dont see anyone or any corp slapping their name on the side. It doesn’t relate or even attract large demo bases. Sadly, car culture is dieing and land speed is even more of a niche market. It has been awesome to watch but next time it will be seen its going to be a barn find.

  2. Labweiler

    All the hype(and investment for such projects) began and ended with the breaking of the sound barrier on land.
    No ROI in the project and public lack of interest are the issue. I don’t care about 1000mph and I’m a go fast junkie of the first order.

    The ROI and waning interest mean there is also little chance of anyone setting any monumental speed records with a “wheeled” vehicle. Let alone one with driven wheels.

    The fact that there is no free lunch when it comes to physics is the nail in the coffin.

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