High-speed plunge-cut centreless grinding opens up enormous potential for the manufacturing of difficult-to-machine materials and to improve the surface quality while reducing the grinding forces. For this investigation, a new grinding wheel base body of carbon fibre-reinforced plastic (CFRP) was developed to achieve grinding wheel speeds up to 150 m/s in plunge-cut centreless grinding of hardened shafts. For evaluation of the performance characteristics, the grinding forces and the surface quality of different grinding tools were detected. These experiments were conducted using a newly developed measuring system to analyse the grinding forces in the workrest blade. The experimental results are described and discussed in this article.