This small American car company now has the world’s fastest car (316 mph) — take a look

American supercar the SSC Tuatara set a new world record on Oct. 10 by reaching an average speed of more than 316 mph on a seven-mile stretch of Nevada's State Route 160.
Source: SSC North America

When it comes to supercars that post breathtaking speeds, names like Bugatti, Koenigsegg and McLaren are often the first to come to mind.

But, a relatively small American automaker can now claim bragging rights over all of its speedster rivals with the fastest car in the world. The SSC Tuatara, made by Richland, Washington-based private car company SSC with a base price around $1.9 million, set a new world record earlier this month with an average speed of 316.1 mph, the company announced in a press release on Monday.

The runs easily topped the previous mark for the world's fastest production car — set in 2017, when Sweden's $3 million Koenigsegg Agera RS reached nearly 278 mph.

Meanwhile, Car and Driver notes that officials were on hand to verify that the Tuatara's world record attempt "was measured and tested in accordance with Guinness specifications, but has not yet officially been certified by Guinness as a world record.

A Guinness World Records spokesperson told CNBC Make It in a statement that the organization is "aware of the recent SSC Tuatara attempt, although Guinness World Records was not present in any capacity, and we have not verified this as a new record."

Source: SSC North America

"To accurately judge and award a record for the fastest production car, Guinness World Records requires each car in contention for the record to undergo the same independent testing, eliminating any margin for error and allowing us to arrive at a fair conclusion in this highly competitive field," the spokesperson said in the statement.

The Tuatara also cruised by an unofficial mark set by France's Bugatti in 2019, when the company's Chiron hypercar broke the 300-mph barrier with an average speed of 304.7 mph. (The Chiron had been modified from the production version of the supercar that Bugatti sells for roughly $3 million, though, which is why it did not count as an official record.)

The Tuatara's record speed was the average of two Oct. 10 runs in opposite directions on a seven-mile stretch of road on Nevada's State Route 160, roughly an hour west of Las Vegas. (Officials take the average of two seven-mile runs driven in opposite directions in order to account for changes in wind and elevation.)

The Tuatara's driver, professional racer Oliver Webb, topped 301 mph on his first run before reaching 331.15 on his second run, to set the new record with the 316.1 mph average of the two runs.

SSC founder Jerod Shelby (left) poses with British driver Oliver Webb (right) after the Tuatara's record-breaking runs.
Source: SSC North America

The Tuatara features a seven-speed transmission and a 5.9-liter, twin-turbocharged V8 engine with a top horsepower of 1,750.

A view of the SSC Tuatara's 5.9-liter, twin-turbocharged V8 engine.
Source: SSC North America

Founded in 1998, SSC is still privately-owned by founder Jerod Shelby (who is no relation to the legendary racer and car designer, Carroll Shelby). Based out of Washington state, SSC reportedly has just 24 employees, according to Bloomberg. Meanwhile Bugatti, which is owned by huge auto conglomerate Volkswagen Group, and Sweden's Koenigsegg both boast around 300 employees each.

SSC also plans a relatively small production run for the Tuatara, as only 100 of the cars will ever be built (at no more than 25 per year), according to the company. By comparison, Bugatti plans to make no more than 500 of its Chiron supercars.

"People may look at SSC and ask if we belong in the hypercar realm, with such stalwart competitors," Shelby told Bloomberg. "This record is so extremely sweet, knowing that our small organization just achieved something that much more established brands, with much larger engineering and development teams, and obviously larger budgets, have not been able to achieve."

Still, SSC managed to set a previous record for the world's fastest production car in 2007, when the company's first production car, the Ultimate Aero supercar, posted a top speed of more than 257 mph. And, buzz had been building around the Tuatara, which began production in 2019, with reports that the American supercar was topping 300 mph in unofficial runs.

Source: SSC North America

The supercar weighs in at 2,750 pounds and it is low to the ground, measuring at just 42 inches in height, compared to the 45-inch-tall Chiron. That height, combined with the car's sleek design, helps it achieve a "class leading 0.279 drag coefficient" (which measures how efficiently a car can avoid being slowed down by the force of air), the company says.

The Tuatara's design incorporates smooth curves and small wings in the back and front of the car to improve aerodynamics.

Source: SSC North America

The car also features gull wing doors that open to an interior with leather bucket seats and a touchscreen digital dashboard that allows the driver to switch between driving modes such as sport mode (better for city driving) and track mode (which lowers the suspension more than an inch to focus on speed).

Correction: This article has been corrected to show that officials from Guinness World Records have not yet certified the SSC Tuatara's runs as the official world record, and a statement from Guinness has been added.

Don't miss: Chase Sapphire Preferred is offering a massive 80,000-point bonus for a limited time

How much it costs per month to lease a $3 million Pagani sports car

This is how much a $1.7 million Bugatti hypercar's oil change costs — it's as much as another car

Jay Leno and Elon Musk Ride Tesla's Cybertruck into Boring Company Tunnel in Jay Leno's Garage
Jay Leno and Elon Musk Ride Tesla's Cybertruck into Boring Company Tunnel in Jay Leno's Garage