Red Victor 3 – Click above for high-res image

The drag racing world is a scary, scary place. It's a realm where engines are built to hold together just long enough to scoot down the quarter mile before they're torn apart and rebuilt for the next run. It's a world where if your vehicle is turning anything close to double-digit fuel mileage, it's not producing enough horsepower.

Typically, these types of monstrosities are little more than trailer queens that are rolled onto the strip and then back into their awaiting shuttles home. That's not the case with the new Vauxhall Red Victor 3 – a custom-built racer that has a twin-turbocharged 8.8-liter General Motors V8 under the hood good for 3,000 horsepower.

The car uses 1967 Victor FD sheet metal, though the company says that the whole contraption is entirely street legal. How's about them apples? The car was built specifically for the Power Festival at Silverstone (how appropriate...), which kicks off August 28. Vauxhall predicts that the car should run 240 miles per hour in the quarter at 6.5 seconds. Yup. That's pretty quick. Hit the jump for a look at the full press blast.

[Source: Vauxhall]
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3000HP VAUXHALL SET TO WOW CROWDS AT BANK HOLIDAY POWER FEST
11/08/10

Luton – The world's fastest Vauxhall will make a star appearance at the VXR Power Festival, to be held at Silverstone Circuit in Northamptonshire this Bank Holiday, August 28-29.

Packing over 3000 horsepower from its 8.8-litre, twin-turbocharged GM V8 engine, 'Red Victor 3' – a highly modified version of Vauxhall's original 1967 Victor FD – will appear at the Power Festival to herald a new partnership between Vauxhall's VXR brand and the Red Victor team for the 2011 MSA Pro-Modified Drag Racing season, with a car that is still street legal. Yes, that's right: street legal.

While the car is still in development, the Red Victor team is predicting a top speed, to begin with, of 240mph in the quarter-mile, which it should achieve in 6.5 seconds. And there's no reason to doubt them: their last project, Red Victor 2, was capable of nearly 200mph in the quarter-mile and 0-153mph in 4.8 seconds.

"We're sure visitors to the Power Festival will make a B-line for the Victor," said Stuart Harris, Vauxhall's Group Product Manager. "We're really looking forward to working with Andy Frost, Red Victor's creator, and his team next year and see this as a great match for the VXR brand."

Vauxhall's VXR Power Events, which has run through 2010 to raise money for Help for Heroes, reaches its zenith with the two-day Power Festival at Silverstone this Bank Holiday. Thousands are expected to attend the event, which aims to raise further funds for H4H through high-octane activities like 0-60 challenges, autotesting, karting and VXR track tuition with pro-drivers. VXR and Vauxhall V8 owners can even pay to take to Silverstone's famous track in their own cars.

But if you'd rather just sit back and watch the action, don't miss the Pro-Am Pursuit, in which famous racing drivers from Vauxhall's past, like Fabrizio Giovanardi, Jason Plato and James Thompson take on celebrities such as TV chef, James Martin, ex-England footballer, Luther Blisset and Eastenders' Kara Tointon. And if that isn't enough, then Paul Swift will be there to perform some unbelievable stunts in a Vauxhall road car.

What the VXR Power Festival won't do is cost you the earth. With adult tickets costing just £10 and children under five entering for free, the whole family can enjoy an action-packed day without breaking the bank. Even the on-site challenges only cost between £5-10, with all proceeds going to one of the UK's most worthy causes.

For more information, please go to www.vxrpowerevents.co.uk