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.

Raschke, 60, was piloting the Speed Demon during a run at the annual Speed Week event when he lost control of the vehicle