Underground Racing Lamborghini Gallardo crashes at the Texas Mile – Click above to watch video after the jump

The Texas Mile had scary moment last weekend when a twin-turbocharged Lamborghini Gallardo built by Underground Racing left the track at well over 100 mph. Driver Richard Holt was attempting to pilot the machine to a new standing mile world record, though once his parachute opened to slow the car, the Lamborghini veered off of the course, clipped a small wall and catapulted end over end. Miraculously, Holt walked away from the incident after being cut free from the wreckage by rescue workers. He was later observed at a local hospital before being released.

Reports peg the modified Gallardo as packing somewhere between 1,500 and 1,900 horsepower. Holt actually passed the mile marker at 235 mph and it's suggested that a crosswind is to blame for the sudden change of direction upon the chute's deployment. Accidents like this one underscore the value of conducting high-speed runs in authorized locations with plenty of rescue workers on hand. Hit the jump to watch a video of the entire run.

[Sources: Dragtimes, Small World News Service]

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