New world record set with 333 km/hour bicycle ride

French daredevil Francois Gissy set a new world record for the highest speed attained while riding a bicycle - reaching a gut churning speed of 333 km/hour in 4.8 seconds.

French daredevil Francois Gissy set a new world record for the highest speed attained while riding a bicycle - reaching a gut churning speed of 333 km/hour in 4.8 seconds.

The bicycle made by Gissy's friend Arnold Neracher sported an elongated frame for stability and was powered by three rocket engines using hydrogen peroxide as fuel, gizmag reported.

With double handlebars for stability and no seat on his cycle, Gissy hit the 333 km/hour mark.

He raced a 503-horsepower Ferrari F430 Scudiera and gave the super car no chance, racing away like a bullet.

"I like the craziness of the bicycle. Maybe when I get too old, I will start to think about the comfort of a motorcycle," he was quoted as saying.

With this run, Gissy smashed the 285 km/hour record that he set last November.

He is now looking for sponsors to build a bicycle that would hit the 400 km/hour mark in under two seconds.