RE: Will it ever happen?
If you mean a model like we fly today at fields and events, then no, no way it will ever happen. At least not until we are way past collecting social security.
The forces on an airframe reaching those speeds is far beyond what you are imagining. I personally do not know the basic forces associated, but I can assure you there isn't any equipment out there that could handle the job, and probably won't be for a long, long time.
And this is probably a good thing, not bad.