Koenigsegg beats Bugatti to title of world's fastest vehicle

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But Koenigsegg's record may not last long as two rival hypercars look set to pose a serious challenge to the Swedish hypercar's title of world's fastest auto.

The video shows both runs: one with a top speed of about 438km/h, the other way up there at 457km/h. It achieved a two-way average of 270.49mph on Valentine's Day in 2014.

The hypercar was driven on two runs in opposite directions of an 11-mile stretch of closed public highway between Las Vegas and Pahrump. American tuner, Hennesey, claimed it built the world's fastest vehicle with its 968kW, Lotus-based Venom GT after it questioned whether the Veyron's long-standing record was illegitimate as the auto was driven without its electronic speed limiter, and therefore not representative of its road-going specification.

Factory driver Niklas Lilja, who completed the run, said: 'I wasn't nervous.

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The previous record was the 267.8 miles per hour set by the Bugatti Veyron Super Sport in 2010.

For those out of the loop, the Koenigsegg Agera RS is a twin-turbocharged 5.0-liter V8-powered Swedish hypercar. All data on the day was recorded and verified on site by Racelogic. The auto beat the previous record of 267.8 miles per hour, set by Bugatti's Veyron Super Sport in 2010. It recently announced that the successor to the Venom GT, the 1600-bhp Venom F5, could break the 300-mph limit.

It's also said that the Agera RS's surge of torque did not drop off after 240 miles per hour. They were a standard set of off-the-rack Michelin Pilot Sport Cup 2 tires-simply incredible considering the stresses they would have been put under.