Author: Jack
POSTED ON 15 Oct 2018

Breaking Land Speed Records is Quite Expensive

The thirst for power and speed has driven humans to do pretty crazy things if we are honest, and ever since the late 1800’s,  people have been striving to be the fast in the world. The 100mph club had its first members back in 1904.

Fast forward 23 years and the 200mph barrier was broken by the Mystery , the race car powered by two aircraft engines with a combine power figures of 1,000 hp.

The current world record is an insane 760.343 mph, making the ThrustSCC  the first land vehicle to go supersonic. It achieved this record by using two Rolls-Royce Spey jet engines which output roughly 60,000 bhp combined.  Since 1997, Andy Green’s record hasn’t been beaten, but like any true speed demon, he can’t be satisfied with this record. He wants to go faster!

Partnered with Richard Noble, the previous land speed record holder before Green broke it (twice over),  the two men want to be the first to break the 1,000 mph barrier. Enter Bloodhound SSC.

Using the latest technology at their disposal,  the duo have already tested the Bloodhound SCC capabilities up to 200mph. However to go beyond that requires a substantial amount of  capital. According to the team, it will cost roughly £5 million ($6.6 million USD) to test the limits up to 500-600 mph. The jet powered car would need to be sent to South Africa to test on it’s ready prepared 11.1 mile track, and the crew would have to increase from five to 15.

To break Green’s current record, £15 million ($20 million USD) is estimated. Finally, the 1,000mph club is estimate to have an entrance fee of  £25 million ($33 million USD). One can understand why the team has been stuck while figuring out how to acquire funds.

Thus the Bloodhound project has recently entered administration to help secure funds. “This is an opportunity for the right investor to leave a lasting legacy. We are already in discussion with a number of potential investors and would encourage any other interested party to contact use without delay.”