Bailey Blade prototype expected in October

Remember the Bailey Blade coupe being created by Neal Bailey in his Texas garage? Not only is Neal still at it, but he tells us he'll have at least one, possibly three, prototypes ready for testing in October. That's a big change in status from the last time we checked in on Neal in November. Back then he was having serious funding problems but was keeping the dream alive by soliciting small investments from enthusiasts.
Seven months later, things are much sunnier for what's now known as BXR Motors. Neal has moved the project out of his garage to a much larger facility at MotorSport Ranch in Cresson, Texas; hired a consultant to help work out a business plan; and, most importantly, attracted a private investor, which has allowed Neal to focus on the car's development full-time.
"Getting an investor has not changed development process of the Blade at all," Neal told us via email. "However, developing a business plan and strategy has greatly educated us in the world of business and venture capital investments. There is a great deal to learn as developing a business plan like this is almost as difficult as developing the car itself. The business plan and marketing strategy has helped us to focus on making sure that we succeed. It forces you to take a deeper look into the project and apply real numbers to see if this dream will produce real profits. As for pressure from our investor, there has been little involvement. The investor has seen our plan and the engineering behind it and simply wants us to succeed."
Neal says with the investor's funding, he has confidence he'll have at least one -- hopefully three -- Blade prototypes ready by October for road testing. Neal has stayed true to the original design, applying just a few tweaks to update the look.