That's pretty damn fast for a toy.
If you ever doubted that 1/8 scale model RC cars were serious business, we present to you the following video as evidence that they indeed are. Appropriately, it is a model of a McLaren F1, and although we aren't exactly experts in these sorts of vehicles, we can tell you that it has a 2200kv motor. It's running a full scale drag strip, but is too small to trip the strip's sensors, so the numbers we see for the car all come from the car itself.
Ultimately, aerodynamics prove to be a major problem, and the car does some flips. We're guessing that these were never intended to go quite so fast, and the bodies might not be perfect copies of their big brothers.