Since 2010, Hennessey Performance has built only 12 examples of the Venom GT, all of which are street legal. And it appears there'll be just one final example as the Texas-based tuner and hypercar builder has just announced the Venom GT has officially ended production. In order to give it a proper farewell, Hennessey Performance is making a Final Edition of the 1,451 hp Venom GT and, not at all surprisingly, it's already been sold for an impressive $1.2 million.

The Venom GT Final Edition is finished in a special "glacier blue" exterior paint with white stripes. Power, of course, comes from the same 7.0-liter V8. Top speed is in excess of 270 mph. Back in January 2013, the Venom GT set a Guinness World Record for the fastest two-seat sports car, blasting from 0 to 186 mph in just 13.61 seconds.

In February 2014, it set another record, this time for top speed, on the Shuttle Landing Runway at NASA's Kennedy Space Center. Last March, it set yet another record as the world's fastest open top vehicle when it hit a top speed of 265.6 mph. If you recall, this was when it beat the Bugatti Veyron Grand Sport Vitesse by 11 mph. "We've attained some pretty incredible achievements with the Venom GT," said company founder & CEO, John Hennessey. "It was always my dream to build the fastest car and we did just that. Our Venom GT retires as one of the fastest cars on the planet along with being one of the most exclusive.

"I'm so grateful to our customers, employees, suppliers, and our technical partners, Pennzoil & Shell V-Power, who have helped make this special car a reality. We look forward to introducing our next car, the Venom F5, sometime later this year." A total of 12 Venom GTs have been produced, the first one being one for Aerosmith lead singer Steven Tyler, a Spyder that's hitting the auction block right now. So farewell, Venom GT. It was one hell of a ride.