Bloodhound SSC

At the end of October, the Bloodhound supersonic car team clocked up a new record for the decade-plus project of 334 mph. On Friday, the car pushed past the 450 mph mark and came tantalizingly close to Bloodhound LSR's current target of 500 mph.

Saved from bankruptcy by entrepreneur Ian Warhurst earlier this year, the Bloodhound Land Speed Record project is now in South Africa to start a high speed testing program ahead of a world record attempt next year.

The Bloodhound supersonic car project has bounced back from the brink of bankruptcy to set its sights on the land speed record once again. The vehicle will hit the track in October for the first time since its relaunch, with plans to carry out high-speed testing in a South African desert.

After being salvaged from the scrapheap of highly promising but highly ambitious vehicular endeavors, the record-seeking Bloodhound Supersonic Car has been moved into a new research center with efforts to bring it up to speed now continuing apace.

As you might expect, development of the Bloodhound supersonic car has proven costly and just last week it was announced that lack of funds had ended the project for good. But that was last week. Now a new backer has been found and the world land speed record attempt is on again.​

The Bloodhound supersonic car project has been scrapped due to lack of funds. The organization behind the attempt to build a car that could reach 1,000 mph (1,600 km/h) said that it could not find a backer willing to purchase the business and its assets, so Bloodhound SSC is closing shop.

Since its founding in 2007, the company behind the Bloodhound Supersonic Car has made no secret of its plans to smash the world land speed record and cross the 1,000-mph (1,600-km/h) threshold. Today those plans have hit a significant speed bump, with the team revealing it has run out of cash.

​Following its first public runs back in October, the team behind the Bloodhound Supersonic Car has shifted its focus to the dry lake bed in South Africa, where it hopes to shatter the world's land speed record in 2020.

The Bloodhound Supersonic Car (SSC) just completed its first public tests at Cornwall Airport Newquay. The tests are the first big outings for the car ahead of its long-term goal of shattering the world’s land speed record and crossing the 1000 mph (1600 kmh) threshold.

A team of schoolkids from the UK has built a rocket-powered mini racing car capable of reaching speeds of over 48 mph. Slim Jim won the inaugural BBC micro:bit Model Rocket Car Competition, for which participants had to use foam, solid fuel rockets and BBC micro:bit computers to build their cars.

The Race for the Line competition is challenging UK schoolchildren to emulate the Bloodhound team by developing and racing their own rocket-powered cars, using the new BBC micro:bit to capture performance data.

Bloodhound SSC has gone on show in London ahead of its audacious bid to break the 1,000 mph (1,600 km/h) barrier. Gizmag was invited along to take an up-close look at the feat of engineering and raw power on display.