Insanity by Rasmus Norgren
Chevrolet Corvette C5 by Insane Racing
Location: Stockholm, Sweden
1000hp street legal race car. You can see (AND HEAR!) the car on its first drive here before it got its insane color. Jump to 1:45 for the action.
When it comes to racing, this car would definitely benefit from AWD, but then again, not all beasts are conscientious of their sheer strength.
My only real criticism of it, the non-functional roof scoop.