A veteran racer was killed in a horrific 300-mph crash while attempting to break a land speed record at Bonneville Speed Week.

Driver Chris Raschke lost control about two and a half miles into a run and was treated by medical professionals at the scene, but died from his injuries, according to a statement from the Southern California Timing Association, which has organized the popular land-speed racing event known as "Speed Week" since the late 1940s.