This paper introduces a newly developed high speed material testing apparatus for tensile tests at the strain rate up to 500/sec. The tensile properties of sheet metals are indispensable for the accurate crashworthiness analysis of auto-bodies since the local strain rate reaches to 500/sec in the car crash. An appropriate experimental method has to be developed to acquire the tensile properties at the intermediate strain rate ranged from 0.003/sec to 200/sec. Tensile tests of various different steel sheets for an auto-body were perform ed to obtain the dynamic properties with respect to the strain rate. The dimensions of specimens that can provide the reasonable results were determined by the finite element analysis. A special jig fixture of a load cell is designed to reduce the load ringing phenomenon induced by unstable stress propagation at the high strain rate. Stress-strain curves were acquired for each steel sheet from the dynamic tensile test and utilized to obtain the relationship of the stress to the strain rate.