Accountancy firm Chantrey Vellacott, which is working alongside the Bloodhound SSC project, is offering manufacturing firms the chance to see the latest developments of this car, which will attempt to break the World Land Speed Record and top 1,000mph.

The firm will also discuss the opportunities for tax relief on research and development work (it has already helped companies across a range of sectors to claim back in excess of £75 million in tax credits since the launch of the relief).

At the event, Bloodhound SSC project director Richard Noble will be updating businesses on the latest developments of the project, which is designed to push engineering and science beyond the boundaries of current technology and inspire the next generation of scientists and engineers through education.

Miles Hewitt-Boorman, who is a partner at Chantrey Vellacott, said: “We’ve been partnering with Bloodhound SSC over the last year and are pleased to be able to work alongside the team to offer a fantastic opportunity to hear about the latest developments behind the build of the ultimate jet- and rocket-powered car.

The event will also be a good opportunity to find out about R&D tax relief, as there is still a common misconception that R&D only takes place in laboratories which means innovative work and problem-solving in many other industries — such as engineering, manufacturing, software development and construction — are easily missed.”

The event at the Bloodhound Technical Centre in Bristol takes place from 4.30pm until 7pm on 17 September.

Those wanting to attend can register at the Web site (www.cvdfk.com/events).