The most common and most likely answer to this crossword clue is the 9 letter word TRANSONIC
I've seen this crossword clue in The Times
T
R
A
N
S
O
N
I
C
Buddy explains!

The straight part
We know that "around Mach 1" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case around mach 1 = transonic.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does TRANSONIC mean?
TRANSONIC adjective- Just below, or just above the speed of sound (0.8 < Ma < 1.2 approximately).
- Passing from subsonic to supersonic, or vice versa.