The competition is dominated by American pilots as plane and jet racing is more common there.

But Mr Onslow is part of a small group of Australians making names for themselves in the world’s premiere air racing event.

Mr Onslow, who owns Fleet Helicopters and Onslaught Air Racing, came in second place in the silver race with a time of seven minutes and 10 seconds. 

During that race he flew at speeds of over 640 kilometres an hour in his TS-11 Iskra, Hot Section. 

The competition places its top six racers in the gold section with the next six going into silver.

Mr Onslow was joined in the silver section by fellow Australian Charlie Camilleri from Bathurst who flew the L-29. Miss Independence.

In addition Mark Pracy from Ashtonfield became one of the fastest men alive after placing third in the gold division with the L-39C, True Blue.

Mr Onslow has taken Hot Section to the Reno races since 2011 and in 2012 came third in the gold section. 

The TS-11 is part of a family of jets used by the Polish military to train pilots.

Earlier this year Mr Onslow acquired an L-39, Albatross to be used in a jet joyriding business. 

Mr Onslow has raced against the jet before and the L-39 model has been used in several air forces throughout the world.