A last-minute buyer has stepped forward for the assets of the Bloodhound SSC land speed record project which went into administration in October.
“Following this announcement, the Joint Administrators were contacted by a number of other interested parties and a purchaser for the business and assets has now been secured, which will allow the project to continue,” said FRP Advisory in a statement.
Andrew Sheridan: “Ian has a strong background in managing highly successful businesses in the automotive engineering sector and he will bring considerable expertise to bear in taking the project forward.”
