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.

Chris Raschke, 60, died after crashing his vehicle on the Bonneville Salt Flats in Utah while attempting to set a new land speed record in the annual 'SpeedWeek' event on Aug. 3.

Race officials said 60-year-old Chris Raschke of Ventura, California, had lost control of his vehicle while competing at the Bonneville Speedway