Hennessey Performance took over the speed war record with its Venom GT Coupe against Bugatti's Veyron Grand Sport, for an unofficial run of 270.4 mph two years ago. To mark Hennessey's 25th anniversary in the auto industry, the company has once again outperformed its rival carmaker to become the fastest car in the world for 2016.

Bugatti previously held the current record at 254 mph with the Veyron Grand Sport Vitesse, according to an AutoExpress post. With Hennessey's upgraded Venom GT Spyder, the new feat was set at 265.6 mph and was reached at the US Navy's 2.9-mile runway stretch in Lemoore, California.

Running on a modified 7.0-litre V8 engine and producing 1,451 bhp, the Venom GT Spyder can go as fast in 4.4 seconds for a 0-100 mph run and 2.4 seconds on a 0-60 mph, respectively. Hennessey intends to build two more cars for this line to commemorate the company's latest record win, with each car at $1.3 million each, as per the news agency.

"2016 marks the 25th anniversary of Hennessey Performance," Hennessey Performance founder John Hennessey said. "I thought that this would be a special way to celebrate 25 years of making fast cars faster." The speed test was verified by Racelogic, and behind the wheel was Brian Smith, Ford Performance Racing School director, Digital Trends reported.

Hennessey also expressed wanting to test the top speed of the Venom GT Spyder less its roof, after witnessing the coupe model blaze NASA's Space Shuttle runway at 270.4 mph in 2014. The updated Venom GT Spyder also comes equipped with a solid 6-speed gearbox that can produce up to 1,287 lb-feet of torque to its rear wheels. "This was a great way to validate the technical excellence of our car which includes high-speed stability with an open roof," Hennessey added.

See Now: OnePlus 6: How Different Will It Be From OnePlus 5?