"We wouldn't choose to be in this position", says one Bloodhound insider, "but we're greatly encouraged by the behaviour of the administrator".
Now playing: Watch this: Bloodhound SSC: Breaking the sound barrier and on to.
To date, the project has operated on a partnership and sponsorship model, with support from a variety of partners including Rolls-Royce and Rolex as well as the Ministry of Defence which has lent prototype jet engines for the vehicle, and the Northern Cape Provincial Government in South Africa, which has supported the creation of the track.
The plan has been to go for the record on an 11-mile course laid out on the Hakskeenpan dry lake bed in South Africa, which is being prepared with help from the local government.
Bloodhound said its programme had been a catalyst for research and development, as well as helping interest schoolchildren worldwide in science and engineering, with an associated educational campaign reaching more than 2 million children.
Dozens injured in chain reaction bus crash on LA freeway
Most of the wreckage was in southbound lanes, but at least one crashed vehicle was on the northbound side before being cleared. All of the highway's lanes were closed, backing up traffic for miles on the key north-south artery.
Jordan-Syria border to reopen Monday after 3 years
Russian military police have since deployed in the area, including close to Israel's Golan Heights , setting up checkpoints. Since then, it has announced having killed 651 IS militants and seized several strategic villages in the area.
Andrew Sheridan, joint administrator, said of the situation: "Bloodhound is a truly ground-breaking project which has already built a global audience and helped to inspire a new generation of STEM talent in the United Kingdom and across the world".
He said discussions were being held with a number of potential investors.
"Whilst not an insignificant amount, the £25m Bloodhound requires to break the land speed record is a fraction of the cost of, for example, finishing last in a F1 season or running an America's Cup team", said Mr Sheridan.
"As we now move out of the R&D phase and into the operational phase of the project, we recognise that we need a different approach to funding", Mark Chapman, the project's chief engineer, said in the same statement.
The planned vehicle is a combination of jet, F1 auto and spaceship that would cover the length of four and a half football pitches in a second.
The project began in 2007 and has resulted, so far, in the construction of a needle-nosed vehicle called the Bloodhound SSC that's been tested at speeds over 200 miles per hour in preparation for its record run.
She said, "Genius duo Steven Moffat and Mark Gatiss turn their attentions to Dracula for unmissable event television on BBC One". It will reintroduce the world's most famous vampire to audiences on BBC One in the United Kingdom , and Netflix everywhere else.
The American rapper has promised to pay Nurmagomedov $2million to fight for UFC's rival franchise, Bellator MMA. The Irishman was also assaulted after the fight by Khabib's teammates, Zubaira Tukhugov and Islam Makhachev.
Un baquet de moins pour le Français dont l'avenir se dessine de plus en plus comme pilote de réserve de Mercedes en 2019. Il est actuellement en tête du Championnat FIA de Formule 2, l'antichambre officielle de la F1.
Lampert partially spun off the company from its parent in 2012 and was Sears Canada's biggest shareholder. Plus, Sears also has to pay its current vendors and employees and stock up inventory before the holidays.
When his mobile home suddenly began floating, he swam to a fishing boat and clambered aboard. "I lost everything", Morales said. Studebaker was also deployed to Hurricane Florence damaged areas, but said damage from Hurricane Michael is much worse.
La police allemande a annoncé la fermeture d'une partie de la gare principale de la ville, et la suspension du trafic ferroviaire. On ignore encore quelles sont les motivations de cette prise d'otage mais son auteur est grièvement blessé.
Elle invite donc ses fans qui sont comme elle à se déconnecter et "de se ressourcer pour se préserver". On a beaucoup parlé de santé mentale ces temps-ci et je sais que je suis pas toute seule là-dedans.
Ravens sack Titans' Mariota team-record 11 times
The Baltimore Ravens have finished up their longest road swing of the season with an absolutely dominating performance. The Titans (3-3) lost their second straight game, and have now not scored a touchdown in eight straight quarters.
Le'Veon Bell maintaining silence with the Steelers
Despite the reports of Bell returning to the Steelers in Week 7, it appears he's still nowhere to be found at the team's facility. Meanwhile James Conner has seized control of the starting running back position and has been invaluable in the team's success.
Future of Patisserie Valerie hangs in the balance
His experience included finance director roles at two AIM quoted companies, namely Fishworks and Healthy Living Centres. His arrest and release has come as the chairman, Luke Johnson, has given a £20 million loan to stop it collapsing.
British Masters: Eddie Pepperell holds nerve after eagle
England's Eddie Pepperell survived torrential rain to win the British Masters on Sunday, with a little help from his mum. As well as a rise in the world rankings, Pepperell's win will have nearly guaranteed him a Masters debut in April 2019.
Van Dijk hoping to build on win over Germany
Germany previously played one UEFA Nations League game, earning a scoreless draw against France, the reigning World Cup champions. It was also the first time that Netherlands have defeated Germany by a margin of three or more goals.