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UPDATE 2: Richard Hatfield, owner of Lightning Motors, sent this in a text message from Bonneville: “We ran 176.044 as our best speed. The average down and return FIM and AMA speed record was 173.388 mph.”

UPDATE: Just got this in an email from Michael Czysz: “we ran 163 — however they just did 174/175.”

On the salt flats of Bonneville, two electric motorcycle teams are battling for the bragging right to be called “Fastest Production Electric Motorcycle in the World”. TTXGP North America winner Lightning Motors and FIM e-Power and TT Zero Winner MotoCzysz are at the BUB Speed Trials, and from the reports we’ve gotten, the two teams have been trading land speed records all weekend. The latest news we have is that Lightning Motors has clocked the latest LSR with 173mph on the salt flats, breaking the 150 mph record set by Mission Motors at BUB last year, but there’s still time today for that record to again drop.

The idea that less is more is often a theme usually devoid from the agenda of motorcycle designers use these days, but this Triumph Bonneville bobber concept, aptly named the Triumph Bobbeville, by Australian industrial designer Dan Anderson is a fresh take on the classic Triumph lines found on the Bonneville, with a cue back to the 1950’s that isn’t over the top.

Watch out Mission Motors, electric motorcycle manufacturer Lightning Motorcycles is gunning for you. This week at the SCTA World Finals at the Bonneville Salt Flats, the Lightning’s pre-production prototype set a speed of 166.388 mph. While only completing a single pass down the salt flats, and not a return journey to make an official speed entry, 166 mph is still an impressive mark, and has provided the company with crucial information as they get ready to go commercial in 2010. Photos and more after the jump.

With fall in the air, the narrow window of time to race on the salt flats of Bonneville is rapidly coming to a close. However, that didn’t stop Chris Carr and the BUB Racing team from getting an LSR at last week’s Land Speed Shootout promoted by Mike Cook. Carr and the BUB Racing crew took their Streamliner Seven motorcycle up to a staggering 367.382 mph (unofficial). Going at one point 380 mph, Carr’s run is still pending official approval by the FIM. Click past the jump for a video of their record pass, some photos, and more.

When Mission Motors first came out of stealth mode, they used the slogan “The World’s Fastest Electric Production Sportbike”, and quoted a top speed of a 150 mph. It seems only logical then, that the company would have to back that claim up at some point, and apparently that time is now.

Last week we showed you a simple YouTube video entitled: “Electric Motorcycle 160 MPH”, and now we know the story behind that 160 mph run, and can report that the Mission One electric motorcycle is the fastest production electric motorcycle in the world, with an official land speed record of 150.059 mph. Video and more after the jump.

Norton Racing let it all hang out that last few days of Bub Week’s motorcycle speed trials at Bonneville this past week, and we know this for two reasons: One, check out the lad on the far left of the above photo, he’s not sucking in that gut, that’s just pure British sexiness at its finest. Secondly, the Norton Racing team is coming back from the salt flats with a recorded speed of 173 mph.

In contrast to Confederate Motorcycles’s forth year on the Bonneville Salt Flats, Norton Racing is also present at Bub Week with their rotary-powered NRV588, trying their luck for the first time out on the salt. With no FIM sanctioned class to race in, Norton isn’t going for a land speed record per se, but instead hopes that their efforts this year will provide the adequate momentum to have a sanctioned LSR class for rotary motorcycles in 2010.

Confederate Motorcycles is back on the Salt Flats of Bonneville, looking to for another land speed record in the A-PF 2000cc push-rod and unfaired class.

In 2008, Confederate broke the previous 141 mph record with their B120 Wraith motorcycle, clocking 166.459 on the dried salt. This year, Confederate hopes to smash their own record with their new P120 Fighter.

Imagine it’s 1948. World War II has finally subsided, the economy is beginning to turn around, and once again motorsports can become a hobby and past-time for men oversized children.

That same year, Vincent came out with the 1948 Vincent-HRD Black Shadow Special, or as it’s better known: the “Black Lightning”. Advertised as “The World’s Fastest Standard Motorcycle”, it would take an intrepid Indian Motorcycle dealer to prove that claim. Racing at Bonneville with this very 998cc prototype, Rollie Free aimed to raise the motorcycle land speed record, and succeeded in memorable fashion.