First‐order rate constants k1 for the trapping of various donor‐ and acceptor‐substituted benzhydrylium ions in mixtures of 1,1,1,3,3,3‐hexafluoro‐2‐propanol (HFIP) and water ranging from 50 to 99% HFIP (w/w) were determined by laser flash photolytic generation of benzhydrylium ions from benzhydryl triarylphosphonium salts in these solvents. From these rate constants, we derived the solvent‐specific reactivity parameters N1 and sN for HFIP/water mixtures as defined by the linear free energy relationship lg k1(20 °C) = sN(N1 + E). Copyright © 2012 John Wiley & Sons, Ltd.