Subsonic: http://www.dtic.mil/dtic/tr/fulltext/u2/274329.pdf
Supersonic: http://ntrs.nasa.gov/archive/nasa/casi.ntrs.nasa.gov/2006002...
http://oppositelock.kinja.com/favorite-sr-71-story-107912704...
Some improvements could be made by reducing the rolling resistance of the tyres or the efficiency of the drivetrain, but this will have only a relatively small impact; this drag increases linearly with speed, whereas aerodynamic drag increases geometrically.
Just spitballing here, I have no idea how most of this stuff works.
Since their requirements for durability are much lower (i.e. they don't need to get days or months of use), they could optimize for tires that are just durable enough for the event and have minimal rolling resistance.
Suspension losses are another area where power is lost. I'm curious if it is possible to perform these tests in a velodrome where gains from better tires suspension would be minimal.
Also check out motor-paced records, where the current record is 166.9mph by Fred Rompelberg.
https://en.wikipedia.org/wiki/Cycling_records#History_of_mot...
http://mammajammaride.org/wp-content/uploads/2014/08/Fred.jp... http://fredrompelberg.com/upload/images/site/Wereldrecord_fi...
This is worth a read on the surface of the Bonneville salt flats: http://saltflats.com/traction.html
Some commentators have noted that the shape of this bike is just about as good as it can get. The rider/engine is also not going to see any vast improvements. So rather than this become a pure athletic event, where can engineers look for improvements? Will they have to start dealing with boundary layer issues? Will the next generation of bike be covered in golfball-like holes to reduce turbulence?