Bloodhound LSR, the UK-based team that made its public debut in September 2015 with an ambitious project to design, build, and run a vehicle capable of achieving land speeds in excess of 1,000 mph, is now halfway to that goal. Under the blistering Kalahari sun in South Africa this week, the team’s car hit a speed of 501 mph (806 km/h), securing its place among the 10 fastest cars on the planet.
It’s a remarkable comeback for a team that was on the verge of shutting down last year after its funding ran dry. Though it got a lot of people intrigued and excited, it failed to secure quite as much funding as it needed, which forced the project to go into administration in October 2018. But thanks to an 11th-hour acquisition by an entrepreneur…