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UPDATE: Hennessey has released official renderings and verbiage on its forthcoming Venom F5, which we've incorporated into this story.

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Now that the Venom GT has earned a Guinness World Record as the quickest car to reach 300 kilometers per hour (186 miles per hour) to go along with its recorded top speed of 270.49 miles per hour (recorded last month at Florida's Kennedy Space Center), Hennessey thinks its time for a celebration. To commemorate the honors, it's building a new "World's Fastest Edition" of the Venom GT, limited to just three units priced at an eye-watering $1.25 million each. Want one? Sorry, it's too late. All of

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Hennessey has done it again, improving the claimed record-holding top speed of its Venom GT to 270.49 miles per hour. The record run was made on February 14 on the 3.22-mile landing runway at the Kennedy Space Center in Florida. The speed was confirmed by a Racelogic Vbox telemetry system, but for a variety of reasons, it will not make it into the Guinness Book of World Records. However, it narrowly beat out the record-holding top speed of the Bugatti Veyron Super Sport at 267.81 mph. Amazingl

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If you remember the Bloodhound Supser Sonic Car, you know the team behind the monstrosity is out to make sure the land-speed record remains in British custody for the foreseeable future. Currently, the record sits at 763 miles per hour, set by the ThrustSSD in 1997, but the Bloodhound gang wants to see that number upped to 1,050 mph. On land.

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We all know Koenigsegg makes blisteringly fast exotic cars. The latest hyper machine from Sweden is the Agera R, and Koenigsegg wanted to see just how fast its two-door toy could go. With the help of an (unnamed) third party to verify the results and a Racelogic VBox, the Koenigsegg team set out to make some high-speed passes at its Sweden-based proving ground.

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