"New Zealand stepped away from nitro a long time ago."
It boosted his 431 cubic inch big block Chev motor from maybe 900 horse power using normal fuel to 2000 horse power.
Mr Gauld said he felt justified in having a crack at the 40-year-old Double A Fuel Alternative (nitro) drag record because his motor had older components, making it a level playing field.
He blasted the quarter mile strip at Meremere in 7.2 seconds, reaching 174 miles an hour before the two parachutes brought his car to a halt. The 1977 record was 7.76 seconds.
Running on 34 inch slicks, it also won the first run against American and Australian nitro-powered drag cars in a series of exhibition runs last Easter, before the motor gave out.
"We had fun being able to run against these guys."
One of the organisers of yesterday's event, Lynne Paton of Bay Rodders, said several hundred cars filled the building to the top floor, with many trade and swap sites. Families were treated to hot rods, drag cars, classic cars, a drift car, vintage cars and even a Fiat Bambina.
''It was nice to see the families coming out. The young kids just loved it."