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Jet Shark
Jet Shark
© Gryf design

When 300km/hour is not enough, there are some ideas to create jet-powered aircraft using Shark design, so You could fly 400-500 km/hour according to used engine.

Price-induction jet looks nice for that purposes : 
At Take Off Power, you can get up to 255daN, consuming 80kg/h of fuel for the DGEN 380 and 330daN with 100kg/h fuel consumption for the DGEN 390.

www.price-induction.com

of course - this kind of aircraft cannot be called Ultralight, although its empty weight could be  very similar

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Gryfair.cz GRYF magazine Articles Airshow Ozzano 2004
Airshow Ozzano 2004 Print E-mail
Written by Jaroslav Dostál   
Saturday, 05 June 2004 00:00
Ozzano 2004 (near Bologna) was second air show, in which MD3 Rider was shown, Czech aircraft designed for FLYITALIA s.r.l. firm. All metal high-wing with cross-country cruise speed 200 km/hour, measured true maximal horizontal speed 220 km/hour and roomy cockpit with width 1,17 m …succeed. “Bella picolino”. Serial production will be done by new created company Gryf aircraft s.r.o. under leadership of Marián Mečiar in Hluk, Czech Republic. The main problem now is in starting of serial production, from which reason aircraft is offered only in Italy for beginning. Although of that some orders from another countries arrived too. You can read about Rider in a lot of Italian magazines from 2004 mainly - Volare, Volare Sport and Aviatione Sportiva.