Bloodhound LSR Thread As Requested...
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Bloodhound email said:
800 Mph+ Bloodhound LSR Project For Sale
New Investor Sought To Ensure Record Attempt Next Year
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”.
New Investor Sought To Ensure Record Attempt Next Year
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”.
With all the wealth in the world I'm still struggling on how this isn't funded, absolute pocket change for some.
Understandable it isn't everybody's cup of tea but the engineering and interest it drums up is huge, especially for getting the younger generation interested in something practical & worthwhile instead of wanting to be a youtuber
Understandable it isn't everybody's cup of tea but the engineering and interest it drums up is huge, especially for getting the younger generation interested in something practical & worthwhile instead of wanting to be a youtuber
bobski1 said:
With all the wealth in the world I'm still struggling on how this isn't funded, absolute pocket change for some.
Understandable it isn't everybody's cup of tea but the engineering and interest it drums up is huge, especially for getting the younger generation interested in something practical & worthwhile instead of wanting to be a youtuber
I was going to say UK engineering companies could step in, then I remembered we'd flogged most of them to foreign countries long ago.Understandable it isn't everybody's cup of tea but the engineering and interest it drums up is huge, especially for getting the younger generation interested in something practical & worthwhile instead of wanting to be a youtuber
Blib said:
I might be interested, just need a big win on the euro millions.bobski1 said:
With all the wealth in the world I'm still struggling on how this isn't funded, absolute pocket change for some.
Understandable it isn't everybody's cup of tea but the engineering and interest it drums up is huge, especially for getting the younger generation interested in something practical & worthwhile instead of wanting to be a youtuber
Similar thoughts here. I can only imagine that there's still a lot of risk associated with the plan, and lots of potential to snowball. But then, what's £20m to some people?Understandable it isn't everybody's cup of tea but the engineering and interest it drums up is huge, especially for getting the younger generation interested in something practical & worthwhile instead of wanting to be a youtuber
Maybe it's not "green", or the "so what" question is hard to sell to someone that won't get to drive it! Got my euromillions ticket...
rev-erend said:
Blib said:
I might be interested, just need a big win on the euro millions.(When they are open)
rev-erend said:
Blib said:
I might be interested, just need a big win on the euro millions.Evanivitch said:
bobski1 said:
With all the wealth in the world I'm still struggling on how this isn't funded, absolute pocket change for some.
Understandable it isn't everybody's cup of tea but the engineering and interest it drums up is huge, especially for getting the younger generation interested in something practical & worthwhile instead of wanting to be a youtuber
Similar thoughts here. I can only imagine that there's still a lot of risk associated with the plan, and lots of potential to snowball. But then, what's £20m to some people?Understandable it isn't everybody's cup of tea but the engineering and interest it drums up is huge, especially for getting the younger generation interested in something practical & worthwhile instead of wanting to be a youtuber
Maybe it's not "green", or the "so what" question is hard to sell to someone that won't get to drive it! Got my euromillions ticket...
Was chatting with a mate in India yesterday he is an engineer and petrolhead. Had never heard of this project.
vacant-100 said:
How exactly does it take £8,000,000+ to stick a bloody great rocket on a chassis and pop it in a shipping container to South Africa?
Have you seen the size of the Team it takes to run the car?They all need to be flown there, to have hotels, food, accomidation and be paid for their time.
And i imagine shipping rocket motors around, even safe ones like the one they are using is probably a bit of a paperwork nightmare.
IME, a sum of £8 Million, which perhaps sounds a lot, can easily be swallowed by a large number of very mundane bills......
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