That's Harry Schoell on the left and Chuk Williams on the right.
Cyclone had provided Chuk with a mock-up engine and Chuk re-engineered and rebuilt his car to fit it. It's the round grey thing behind the driver's seat.
As part of the deal Cyclone built the body for the car and written into the contract was that the body would belong to Chuk.
Cyclone never provided a working engine and Chuk was getting eager to actually run his car, so he ended the partnership in 2012. Harry Schoell actually sued Chuk claiming Chuk stole Harry's property (i.e., the car body). The suit ended when Chuk gave the body back. That's why the car ran at Bonneville in 2012 with no body.
The car was designed, built and owned by Chuk Williams. Harry Schoell promised to deliver a working engine, which he never did. Those facts, however, didn't stop Harry Schoell from telling people it was his car. E.g., from a magazine interview in 2011: http://www.editinternational.com/photos.php?id=4dc2dab2a8d90
This is the article where they claimed they were going to hit 400 mph by the end of 2013. In it Hoyos says their budget was less than a tenth of the 10 million pounds the British spent. There's another magazine article out there where he was quoted as saying Cyclone was spending half a million dollars on the speed record project. They had a professional race car building shop build the chassis, so that was probably well over a hundred grand. And after spending all that investor money the car has never moved one foot under the power of a Cyclone engine.
Meanwhile, Chuk Williams on a shoe-string budget working out of his garage made it to Bonneville twice and came within a hair of beating the record.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.