Motorsport News South Africa

Subscribe

Elections 2024

Weekly Update EP:01 Khaya Sithole , MK Election Ruling, ANC Funding, IFP Resurgence & More

Weekly Update EP:01 Khaya Sithole , MK Election Ruling, ANC Funding, IFP Resurgence & More

sona.co.za

Advertise your job ad
    Search jobs

    R465m shortfall hits Bloodhound SSC plan

    The land speed record attempt by the Bloodhound Supersonic car at Hakskeenpan in the Northern Cape will now only take place in 2017, due to financial problems.
    The BLOODHOUND Project via
    The BLOODHOUND Project via Wikimedia

    “The revised dates reflect the fact that, although interest in and support for the project have never been greater, a number of major funding deals are still in negotiation,” said project director Richard Noble.

    The team needs £20m (about R465m) to proceed with the attempt at Hakskeenpan in the Northern Cape’s Kalahari. The land speed record attempt was supposed to be done this year.

    “The most difficult part is behind us. We have designed and built the world’s ultimate racing car and prepared the best land speed racing track in history. What we need now are the funds to run the car and money. [The rest] is just a function of perseverance and timing.

    Continue reading the full article on TechCentral.

    Source: TechCentral

    Founded by Duncan McLeod, TechCentral is the leading quality news and information resource for people involved in South Africa’s fast-growing information and communications technology industry and those interested in the fast-changing world of information technology. It provides quality news, reviews and comment relevant to its quickly expanding audience. Follow TechCentral on Twitter at TechCentral, become a Facebook fan and subscribe to the daily newsletter.

    Go to: http://www.techcentral.co.za
    Let's do Biz