Supersonic driver Andy Green told the BBC that the vehicle is available at the Ferrari price because they could not get funding for Bloodhound to beat the speed record.
The auction is a car that is designed to drive at more than 1,600 km / h.
That means the supersonic vehicle is on the market at the Ferrari price.
The Bloodhound, built with a Rolls-Royce Eurofighter jet engine bolted to a rocket, is almost finished.
The project team, which was developing in Bristol, UK, focused on overcoming the current world speed record of 1,228 km / h.
But he was unable to raise the money needed to achieve it, which is about $ 31 million.
As a result, the project closes, according to its current administrators announced Friday, and the car was put up for sale at a cost of around $ 318,000, said Bloodhound driver Andy Green told the BBC.
"I need a few million"
Bloodhound's plan was to bring the vehicle to a record speed in South Africa, where a 1800-km wide track of Hakskeen Pan (a desert salt and mud platform) was already built in the north of the country.
"We will have to find a few million people (car) to go at full speed," Green said.
"Basically, we have completed the main structure, the desert is ready, we only need financing," he said.
Green would "like to see the car running" and believes it is still possible.
"If there's someone with $ 300,000, there's a car where there's still a chance that Bloodhound will run," he said.
The main construction of the vehicle was already built and tested in 2017.
In a test conducted at Newquay Airport in the UK, Bloodhound achieved a speed of 320 km / h.
Last October, however, a lack of investment led to the bankruptcy of the company that funded the project.
"Since then, we have worked tirelessly with directors to find a person or organization that could implement the project," said Paris manager Andrew Sheridan.
"Despite huge public support and the engagement of a wide range of potential credible investors, it was not possible to get buyers for business and property," he said.
"We will now work with key stakeholders to return third-party facilities and then sell the company's remaining assets to maximize the return for the lender," Sheridan added.
Why Bloodhound Failed? Jonathan Amos, Correspondent of BBC Science. Bloodhound is a private company. It is funded through donors, sponsors and partnerships. The company managed to use these three incomes, but ultimately this funding model did not provide enough money to fully support such a complex business. particularly difficult to get financial support The investment landscape is difficult, partly because of the uncertainty of Brexitus, but mainly because many large brands that previously put their name in the car now use other marketing tools, such as social networks.
The South African government has already cleared the area to try to reach records and several missiles have been successfully tested.
One of them, developed by the Norwegian air and defense company Nammo, was first launched by the end of September. The Nucleus missile flew at an altitude of 107 km from the Andøya Space Center in northern Norway.
In addition to the Eurofighter EJ200, Bloodhound will use a group of three nuclear engines.
Although everything was ready, enough money was not enough to reach the final goal. The project was scheduled for Hakskeen Pan by the end of 2019, when water from the plateau vanished and the soil dried.
The Bloodhound would try to run at 800-965 km / h before attempting to reach the maximum speed in 2020 or 2021.