I come across the the sentence below in Longman Dictionary of Contemporary Dictionary.(http://www.ldoceonline.com/dictionary/take-a-bend-fence-corner-etc)
He took the bend at over 60 and lost control.
I can not figure out exactly what this sentence means. I have a guess, though. It seems like 'He' was driving now and lost control of his car, trying to go around the corner over 60 MPH. Am I right?