I have located an HTML version of the HPVA (no longer International I guess) OFFICIAL RULES. The official rules are for all the events, including the 3.2.2.1 200 METER SPEED TRIAL.
Here are the rules as I remember them.
The second official is located at the end of the 200 meter speed trap. This official begins measuring the volume of air that pass through a wind meter during the course of the entire run. Later the total volume of air is divided by the total time of the run to indicate the average wind speed, in any direction, during the run. A tell-tail is attached to the wind meter which the official is supposed to keep roughly parallel to the wind during the entire event. The average speed of the wind may not exceed 1.5 meters per second (about 3.4 mph). This official is also responsible for setting and resetting the timing equipment and videotaping the vehicle making its run through the speed trap. And without stopping the recording, this official is also supposed to tape the timing equipment display to unambiguously tie the witnessed run to the stated time.
The second restriction on the course is that the total elevation drop from the beginning of the run to the end of the speed trap may not exceed 100 feet.
So, the ideal course has a slope of exactly 2/3 percent and uses this entire 100 feet of elevation drop. This amounts to a course which is 15,000 feet or about 2.84 miles long. This ideal course provides the maximum advantage with the most run up. There is NO RESTRICTION on altitude and since the air is thinner at higher altitude, it is advantageous to find an ideal course at high altitude. But anything higher that 8,000 feet is difficult for an athlete to adapt to rapidly and hence this alititude is fairly optimal. The course and speed trap must be surveyed to ensure that the above criteria are met. And of course, permission to use the road must be obtained from the appropriate County.