An attempt to break the world demesne stop number record has been delayed due to a lack of money , it has been break .

The project from Oxford , UK , call Bloodhound SSC ( Super - transonic Car ) , had hoped to execute rail tests in 2016 , before trying to break the record in 2017 by traveling at 1,290 km per hour ( 800 miles per hour ) .   An try at 1,610 kph ( 1,000 miles per hour ) would be made at a future engagement .

But in ablog post , the company revealed it would be push back its efforts by a year ,   take in alreadyexperienced delays . Now , the rail test will not take berth until the second half of this year , with the record - breaking effort coming next year .

“ It is thwarting to change our agenda again – we know everyone is excited about seeing the car trial , ” tell Project Director Richard Noble in the web log post . “ We want that too but our pace of developing has to be peg to the catamenia of backing . ”

The land f number record attempt will be take place on the flatbed of Hakskeen Pan in South Africa , which flooded in January , rarify the elbow grease . When it does get up and running , the slick vehicle will use its intercrossed skyrocket locomotive engine to reach more than 1,000 mph in just 55 seconds .

The current demesne speed record is 1,224 km / h ( 760 miles per hour ) , set by Andy Green – who will also be driving Bloodhound – in the ThrustSSC fomite in Nevada in 1997 . The Bloodhound SSC project then begin in 2007 , with the goal of not only beating this disc , but breaking the 1,000 mph record . BBC News mention the total monetary value of the project will bearound £ 60 m.

While progress has been firm , there have been several delays to the project . The vehicle was unveiled to the populace for the first time in September 2015 , which IFLScience had theopportunity to go and see .

In the post , the company take note that while investors were continue to come on board , there was a delay between interest being registered and the company actually get money . “ Anyone who course their own occupation will be familiar with this and the need to be pragmatic when design , ” said Noble .

They might want to be fairly quick , too , as a rival US company – North American Eagle – is also hoping to bust the demesne fastness record in the come years . It will not be able to touch Bloodhound ’s final top speed , but it may just snag the macrocosm record before them .