MikeofAustin,
You obviously were born in the wrong generation!!! MY generation did that all the time, and now that I'm old enough to be able to afford even more horsepower - instead of burning rubber, I choose to "take off like a bat out of hell".
Us Babyboomers are the ultimate in fast cars - and being able to tell what a real car is, by looking at it. Nowadays, there aren't too many REAL cars. There used to be a time when you could look at a car, and not only tell what make it was, but, also, what year it was, how many were made, what the paint color was, the engine size and what the tranny and rear ratios were.
Now, Corvettes, Jeeps,(some) and a few others are the only ones that "stand out"- my favorite day (for vehicles and income) was the day I walked into a Ford dealership, pointed at a Shelby Cobra, and said "I'll take that one ....... with me". The guy laughed - but I drove home with it.
Let me tell you - it never went 30mph behind anyone else.

In fact, I'll tell you a little true story.
My hubby was driving. We were stopped at a light in Richmond Virginia. A guy in a Nova (sooped up) pulled up next to us (just side by side, like the video), he revved his engine, and squeaked his tires. Light turned green. Guy in Nova took off. Hubby did not - but, pulled up to him at the next light. Nova revved again. This was repeated through 3 red lights. The 4th light coming up was a long light. Hubby knew that. Nova squeaked his tires and revved his engine. Hubby said "hold on" Light turned green - hubby took off at the same time as the Nova. Hubby left Nova in the dust. (we didn't peel rubber, that sucker just went). Next thing we knew, the Nova was flashing police lights in the grill. CRAP.
Got several tickets. Speeding, improper driving, wreckless driving. Possible loss of license. Went to court. We got an honest cop. The judge asked for the radar printout - Nova cop said he was so busy trying to catch us that he forgot to do it. Judge asked for the amount that the car had skidded out of the lane. Cop said it never went out of the lane. Judge asked for distance we left rubber on the pavement. The cop said we left no rubber on the pavement. Judge dropped all the charges, except for the improper driving. $10.00 plus costs, no points on license (instead of about $600.00 and 12 points and license suspended for a year).
Man, I loved that car!!!!!!!!
Beth
(ps: our parents did not buy the car)