Advertise Bloodhound LSR missile car project is looking for a new owner to lead the team to set a new world speed record in 2022.
The Bloodhound LSR missile car is designed to travel at supersonic speeds, with the goal of setting a new world speed record.
In 2019 the car team tested the latest in straight-line racing cars in South Africa.
The car smashed its test program target of 800 km / h using only its Rolls-Royce EJ200 jet engine.
Its peak speed reached 1011 kilometers per hour, to verify the correctness of the computer modeling used in the design of the car and to prove that it was capable of breaking records.
The team now needs to install the one-way Nammo missile, giving the car a top speed of over 1,287 kilometers per hour.
It will cost $ 11 million to complete the installation of the missile and transport the vehicle to South Africa to exceed 1,287 kilometers per hour, based on the costs of the test program so far.
With global follow-up and the high level of media coverage, including the documentary called Building the Fastest Car in the World, which was broadcast late last year on Channel 4, the project’s fundraising potential is significant as the record attempt approaches.
The project is expected to recover increasingly large sums through sponsorship sales and equity as the program evolves, making this a unique and exciting investment.
The current Bloodhound LSR owner and CEO, Ian Warhurst, is now stepping back from leading the project and is offering the car for sale.
After purchasing the car at the end of 2018, Warhurst has achieved more than its original goals of rescuing the project and ensuring the team arrives in South Africa in 2019 to complete the high-speed test program.
However, the current economic climate caused by the global pandemic has severely affected the search for fundraising and project schedule.
As a result, Warhurst has invited a new owner to acquire Grafton LSR, the company that owns the Bloodhound LSR project.