Bloodhound Project Saved By Geely
In case you were unaware, the Bloodhound SSC is a British-made supersonic land speed record vehicle designed to reach a top speed of 1,000 mph. The project has been in development since 2008, but ran into financial problems recently that sidelined the vehicle’s construction. Luckily, it was just announced that Geely, China’s largest privately owned auto group, has stepped in to help the Bloodhound Project move forward with some much-needed monetary assistance.
Geely and the Bloodhound Project signed the new three-year deal back in August, making Geely the project’s primary automotive sponsor. In addition to contributing funds, the Chinese company has also pledged design and engineering support, additional chase vehicles, project promotion throughout Asia, and educational efforts in the areas of science, technology, engineering, and mathematics (STEM) in classrooms around the world. It’s the biggest deal in the Bloodhound Project’s history.
With Geely’s support now secured, the Bloodhound SSC will attempt to break the current land speed record with an 800-mph run in 2017. If all goes according to plan, the team will shoot for 1,000 mph in 2018.
Other project supporters include Rolls-Royce, Castrol, Rolex, Lockheed Martin, and Jaguar.
Continue reading for the full story.