The 1993 McLaren F1 held the record for the world's fastest production automobile for 12 years (232.5mph ). It's replacement, 9ff's Porsche GT2, lasted just over a month (241.1).  On Monday, legendary driver Loris Bicocchi pushed a Swedish-made Koenigsegg CCR to 242.42mph at Italy's Nardo test track. While delighted with the news, company owner Christian von Koenigsegg was quick to point out that Nardo Prototipo is a circular test track; he reckons the CCR would top out at 247 in a straight line. Right; off you go then. Meanwhile, click through for more images of the new world champ.