"It's that 321N at speed that's got me concerned, maybe about nothing?"
Are you talking El Mirage or Bonneville?
Not to worry about stopping at Bonneville. You can coast all the way to the mud.
If it's El Mirage (I checked the 2017 Rule Book and the Compressed Air Roadster record was 179), I'd think with an adequate parachute and decent brakes, you have no problem, either. We've had a parachute mishap at about 190 there, and our astute piloto stopped our roadster with 2-wheel rear brakes with no problem.
I didn't know those old Studebaker, Oldsmobile, Rambler and Nailhead-powered cars were that fast.