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Supersonic car project Bloodhound is being shut down



Shutting down is not surprising. The project was a private company and its success depended on finding investors, sponsors and donations. There have been times when the Bloodhound team ran out of money just to be rescued by a sponsor. This time, however, a particularly high sum was required for the planned South African test run at the end of 201

9. It would not have been an easy task to raise these funds, especially given the global economic uncertainty and an era in which an Instagram contribution is possible a more effective ad than a car sponsor.

There is little chance anyone can buy and complete the Bloodhound SSC vehicle. However, it would be an expensive undertaking, even when it comes to the money, to buy the car and prepare it for supersonic driving. The new owner may need to re-create a large portion of the Bloodhound team and concede that the project is likely to cost them dearly, even if he can find additional backers to mitigate the financial damage.


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