THE BLOODHOUND SSC project is dead, and with its demise so is the dream of seeing a ‘car’ travel at 1600km/h.
This is disappointing news for all sorts of people, but there is a silver lining as the potentially record-setting vehicle is now up for sale.
Its driver, Andy Green, told the BBC a prospective buyer could purchase Bloodhound SSC for roughly £250,000 (A$442,500) following the team’s slip into administration.
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On a dollar per km/h basis, that’s the bargain of the century.
For context, a Chiron is currently electronically limited to a meagre 420km/h, but costs a whopping $3.61 million.
Green, who works as a jet fighter pilot when he isn’t moonlighting as the world’s fastest man on four wheels, says the car’s new owners will still need deep pockets to see it reach its full potential.
“You're going to need to find a few million to get it running to full speed," he told the BBC.
Luckily there is a team of engineers “who could help” Green added, referencing the not insubstantial squad behind Bloodhound’s construction.
If at this point you are wondering where you could drive your newly purchased 1600km/h behemoth, well there’s an 18-kilometre long, 1500-metre wide track at the Hakskeenpan on South Africa’s Northern Cape ready and waiting.
"We have basically completed the main structure, the desert is ready, we just need the funding,” Green explained.
"If somebody is out there with a quarter of a million there is a car there. There is still a chance that Bloodhound could run.”
The Bloodhound team actually staged a shakedown of the car last year, but since then, finances for the project dried up, forcing it to be put into stasis as more funds were sought.
Unfortunately, the extra cash never materialised, forcing administrators to begin selling off assets.
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"Since [then] we have worked tirelessly with the directors to identify a suitable individual or organisation who could take the project forward," joint administrator Andrew Sheridan said.
"Despite overwhelming public support, and engagement with a wide range of potential and credible investors, it has not been possible to secure a purchaser for the business and assets.
"We will now work with key stakeholders to return the third-party equipment and then sell the remaining assets of the company to maximise the return for creditors."