Meet the world’s fastest remote-controlled car – the Schumacher Mi3. It is capable of speeds up to 161.76 miles per hour, making it fast enough to beat many real cars in a race. The Mi3 was built by Nic Case and cost $4,000 to develop. How on earth can you pack that kind of power into an R/C car? Read on to find out and see a video of it in action.

Well for starters the Mi3 has “a carbon fiber chassis, an 11-hp motor and a 12-cell battery pack.” Eleven horsepower may not get your sedan very far, but the Mi3 proves that speed and performance are not just about power–they’re about reducing weight as well. Check out the Mi3 in action in the video above. You won’t believe your eyes.