The Vmax200 is a regular gathering in the United Kingdom where performance enthusiasts get to push their cars to the limit on the safe confines of a runway. Drivers accelerate their cars down a 1.4-mile stretch before having to slam their brakes.

A Koenigsegg One:1 with British racing driver Oliver Webb behind the wheel has now set a top speed record for the Vmax200. Achieved this past weekend in a One:1 owned by The BHP Project supercar club, Webb reached a top speed of 240 mph.

DON'T MISS: What if your next Uber driver picked you up in a Bugatti?

The car was running on E85 fuel which means it was producing its peak power of 1,341 horsepower. On regular pump gas, the One:1’s output is limited to 1,160 hp and at a previous Vmax200 only reached 225 mph in this setting.

To put the One:1’s achievement into perspective, a Bugatti Veyron Super Sport has achieved 225 mph and the Ferrari [NYSE:RACE] LaFerrari, McLaren P1 and Porsche 918 Spyder have each achieved approximately 210 mph.

WATCH: M4 driver with death wish drifts through Moscow streets

No doubt we’ll find out what Bugatti’s new Chiron will do at Vmax200 in the coming year, and hopefully a Hennessey Venom GT owner can get their car to the event as well. The big question remains, though: How much did the One:1 have left in it before the driver slammed the brakes?

_______________________________________

Follow Motor Authority on FacebookTwitter and YouTube.