The car that flies

In today's newspaper, I saw something regarding operation Blackhound.Now if you've started wondering what that is, let me explain it to you..
Two guys, Andy Green and Richard Noble (I am not very sure if their names spell like that or not) are trying to develope a car which can travel (or rather, fly I shall say) at a speed of more than 1000 miles per hour.They hope to make it by the end of 2009.Several universities and around three hundred private companies are also a part of the project. The car will have a jet engine and some parts similar to that of a rocket (That sounds obvious, doesn't it?).
This car will cover the length of four football courts within one second after starting the car.That means it will be faster than a bullet fired from a handgun.amazing!! isn't it?
It will achieve full speed within a time of forty seconds.The brake system will consist of two parachutes also.
Now if you are wondering who these two guys are, Let me tell you, these are the same guys who, in 1997, developed a car which had a maximum speed of 763 miles per hour.
Anyways, all the best to them.. Great dreamers achieve great things..