Supersonic car project is scrapped
THE project to develop the Bloodhound supersonic car – which aimed to hit speeds of 1,000mph – has been scrapped.
Bloodhound Programme, the firm behind the initiative to break the land speed world record, went into administration in October. Yesterday, administrators at FRP Advisory announced that efforts to secure an investor had failed.
Project Bloodhound was founded in 2007, with plans to race the car at a specially built track in the deserts of South Africa. Engineers at Swansea University helped design the car. The team was seeking £25 million in investment to provide guaranteed funding and see the project to completion.
Last year, Bloodhound reached speeds of 200mph during tests in Cornwall.