Koenigsegg's Jesko Attack just set a new lap record at Laguna Seca Raceway in California. The hypercar, driven by Markus Lundh, completed the 2.2-mile course in 1 minute and 24.86 seconds on August 18, beating the previous record by 0.58 seconds.

Lundh, a Koenigsegg development test driver, achieved this feat on his first visit to the 66-year-old track, famous for its Corkscrew turn. The Jesko Attack showed off its track-focused design, including a massive rear wing, as it navigated the challenging circuit.

Under the hood, the Jesko Attack packs a twin-turbo 5.0-liter V-8 engine. It cranks out 1,280 horsepower on standard fuel, but that jumps to a whopping 1,600 horsepower when running on E85. The engine also produces 1,106 pound-feet (1,500 Nm) of torque, giving the car serious muscle on the track.

This isn't the only recent success for Koenigsegg. Late last year, another Jesko Attack, driven by Niklas Lilja, smashed the lap record at Gotland Ring. Lilja's time of 2 minutes and 56.97 seconds was almost eight seconds faster than the previous record held by a Porsche 911 GT3 RS MR.

The Jesko Absolut, a variant of the Jesko, also made waves by setting a new 0-249-0 mph (0-400-0 km/h) record. It completed the run in just 27.83 seconds, beating the previous record held by the Rimac Nevera by 1.33 seconds.

The hypercar world is heating up with other manufacturers also pushing boundaries. Czinger's 21C recently set a production car lap record at Circuit of the Americas in Austin, Texas, edging out the Hennessey Venom F5 by 0.2 seconds. Meanwhile, Rimac has unveiled a new hardcore version of its Nevera, the Nevera R, which might soon be hunting for records of its own.

Looking ahead, Koenigsegg has its sights set on even bigger goals. The company believes its Jesko Absolut model could "comfortably smash the 300-mph (482 km/h) barrier." Dyno tests suggest it might hit a theoretical 311 mph (500 km/h) before reaching its rev limiter in ninth gear.

The current unofficial top speed record stands at 304.77 mph (490 km/h), set by a Bugatti Chiron Super Sport in a one-direction run. However, Bugatti has stated it's no longer chasing speed records, leaving the field open for competitors like Koenigsegg, Hennessey, and SSC to battle it out for the title of world's fastest production car.

Source: Koenigsegg