Because the idea is fundamentally flawed? The French fooled around with assorted monorails from 1950 to 1975 or so, and (despite the vast amount of contrary evidence from Citroen) are excellent engineers. They abandoned the monorail after spending sackfuls of cash trying to make one work.
I think the pictured track is on a test track loop made to test the "Aerotrain" system which tried a number of vehicle types all powered with aero engines - prop and jets. The speed record for monorails is still, I believe, held by a jet propelled Aerotrain at 400+ km/h.
Here's a video of one of the cars at about 400 km/h. You may have to "save target" to see it...
http://aernav.free.fr/Aerotrain/Video/I80HV_Nord.mpgNote the jet engine intake on top, the exhaust is from the rectangular thing at the back end which is actually a thrust reverser for backing up. I wouldn't want to be on the platform if the driver/pilot needed overshot his stop and wanted to go back a few metres!