At 07:30 CST, an amateur-built Baby Great Lakes lost power and went down at the Wichita Valley Airport. The pilot suffered minor injuries. The pilot said he had just purchased the airplane and the seller had informed him that the airplane required fuel before its next flight. The pilot was performing high-speed taxi tests and simulated takeoffs, when the airplane became airborne. The airplane began drifting from the centerline and he elected to continue the takeoff. The pilot flew the traffic pattern two times before he attempting to land. On final, the pilot aborted the landing and initiated a go-around. The pilot pitched up and applied full power and the engine stopped. An investigator found one cup of fuel in the fuselage mounted fuel tank.