Upon reading his own obituary, Mark Twain famously once said that reports of his death had been greatly exaggerated. Well, the Bloodhound project would now be justified to do something similar.
Even as we were about to go to press bemoaning its demise, we at Eureka! found ourselves having to hastily adjust our story following the announcement that Yorkshire-based entrepreneur Ian Warhurst had stepped in and bought the business and assets for ‘an undisclosed sum’ allowing the project to continue.
Warhurst is owner and MD of Melett, an aftermarket manufacturer of precision engineered turbochargers, parts and repair kits for the automotive industry.
Andrew Sheridan, joint administrator and partner at FRP Advisory LLP, said: “We have been overwhelmed by the passion that clearly exists for Bloodhound and are thrilled that we have been able to secure a buyer who is able to give this inspiring project a future.”
Obviously, this is great news and we welcome it. Bloodhound is important for all the reasons we have outlined before and it’s great to have it back.