Launched with nosecone fitted with Altimeter One and payload contained video camera. Rocket shot horizontally to the northwest, across a busy street and hit a parked car about 200 yards northwest of the launch site. Parachute deployed and was ripped away.  Daniel found the parachute with no lines attached.  I found the rocket across the street.  No damage.  The onboard video camera was still recording and the Altimeter One had measured the apogee at 149 feet.