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Different kinds of events. Drag racing is a single run over 1/4 mile

Land speed record events time two runs within a set amount of time, both runs in opposite directions to account for wind. I think in this case a mile.

Exactly. Killacycle is very cool too, but a whole other kind of beast.

"[T]he national AMA top speed record", ie. the fastest a motorcycle in its class has gone in an AMA timed event -- not necessarily the fastest any electric motorcycle has ever gone.

The National Electric Drag Racing Association (NEDRA) also has the killacycle at 168MPH.

http://www.nedra.com/record_holders.html