Project Shakedown: Yes, The Bloodhound SSC Project Is Broke Again – Seeking $10-Million In Next Month To Stay Afloat


Project Shakedown: Yes, The Bloodhound SSC Project Is Broke Again – Seeking $10-Million In Next Month To Stay Afloat

Admittedly, we get a lot of emails around here. Many of them are schlock and immediately get hammered in to the trash file. As it turns out, one of those that we sent packing actually had the news of this “dire” situation confronting the Bloodhound SSC group in England.

It seems that once again the project is on the rocks financially and that the only way that it’ll continue is if the group raises the equivalent of $10,000,000 American dollars. The clock is ticking. Bloodhound SSC first hit the financial rocks back in 2018 and in December of that year a British billionaire named Ian Warhurst bought the whole works and set it back on its proverbial wheels.

Now Warhurst is saying that he had agreed fund the revival of the project, which he successfully did and now there needs to be additional funding to actually get the car back to the desert this summer (the Southern Hemisphere’s winter) and run it for the 1,000mph goal. The machine has proven itself at over 600mph with all systems looking good and Andy Green at the tiller.

The idea of the month time limit is the fact that all the people working on the project would need to be called back onto the job as they were kind of released after the desert trials were successful last summer. The manpower and skill necessary to prep the car for its 1,000mph goal is apparently the big expense and the biggest hurdle here.

The BBC has the full story below. It does seem odd that a guy with this much cheese would see the thing though its desert trials and then basically hold the thing hostage when it is ready to run for the glory, right? Just strikes us as odd.

BBC News: A month to save land speed record project 


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4 thoughts on “Project Shakedown: Yes, The Bloodhound SSC Project Is Broke Again – Seeking $10-Million In Next Month To Stay Afloat

  1. john

    Do a real Wile E. Coyote …go to Rocktdyne/Boeing, get a surplus F1 motor, and have at it. You might need a bigger fuel tank.

  2. Loren

    Guessing Warhurst didn’t make his fortune by being a fool, the move shows he’s choosing to be the businessman here and not an egomaniac…he took the hit of advancing this project to a next level and feels it’s time now to fold his arms and see some other money step up. It will have to be people who imagine the claimed stellar “AVE” could translate into real benefit or who otherwise see a point to it all.

    Jeez that’s a lot of money. Hope it’s being enough for a design that stays intact on the track and out of the rocks.

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