Top of the post update, courtesy of The Neon Madman: Here's a link from an old Iowahawk post, discussing Turbonique in detail and style.
Turbonique was a company founded by a rocket scientist in 1962. They made turbine engines that ran on proprietary fuel for use on drag strips. Like a VW that would hit 150 miles an hour in a quarter mile. The world's fastest go kart. A rear axle mounted turbine that made 850 hp.
Here's a video about one of the cars that came up for auction.
Here's Turbonique's own video and the go kart in action, with sound.