A Victorian drag racer has been hospitalised following a high speed smash at Willowbank Raceway near Ipswich on Saturday.

Top Fuel drag racer Phil Lamattina, 39, was taken to hospital for observation after his car suffered chassis failure and snapped in half during qualifying in the Fuchs Internationals.

Lamattina's 10,000hp brand new Top Fuel dragster shot into the air after breaking in two as he completed a solo run.

The remains of the car skidded along the wall of the track.