The proposed bridge would span above the Massachusetts Turnpike.
Australian shatters the previous record by almost 80 minutes.
Posters, books, DVDs and more will be available for fans to purchase.
72-year-old musician will release the song next Tuesday, ahead of the July 4 holiday.
Carl Gallegos, 57, finished a half-marathon in 1:56 before collapsing when his heart stopped.
The company will be the official footwear and apparel sponsor of the race.