Yeah, motorcycles are still faster than cars. Although sometimes it's close.
The story you'll see part of in this video is ongoing. It is a story of a heavily modified Toyota Supra trying to beat a lightly modified Honda CBR1000 motorcycle called the “White Widow.” It is no easy task to beat a bike in a straight line piloting a car, hence the need for extensive modification. The bike has listed as a modification “rider mod/light weight rider,” so we're obviously not talking about a bike too much faster than stock.
The bike won last time, and the bike wins this time, but it's much closer. We're curious to see who wins next.