This guy is good. Real good. He's also about five foot and 130 pounds wet. He's in a 125cc ICC shifter and he checks out and leaves the other 125cc karts. He catches the 250cc SuperKart pack that starts ahead of the 125cc race (they run concurrent races on the track to maximize expensive track rental time) and comes through that pack, ultimately running mid-pack with the 250cc karts. 250cc SuperKarts are capable of speeds above 160mph in ideal conditions at Laguna Seca/Mid Ohio/Road America/Daytona etc., but these 250's aren't the front-runners in the 250cc race, and they are probably only doing 130 or so.
Here is the race: http://www.youtube.com/watch?v=-deJKFKt38I (the actual race does not start until the 4:20 mark in the vid)
Doesn't look that fast does it? Less than 130 max down the straights. Probably less than 110 I'd say. Looks are deceiving: Follow just one lap. Start at the 9:39 mark where he passes under the crosswalk. He finishes that lap at 11:19. That is a 1:40 second lap. His best lap is in the 1:37's. Compare those lap times to the top performance car lap records:
http://fastestlaps.com/tracks/laguna_seca.html
How does a 125cc kart that only runs 110-125 out run cars of that caliber? Simple: MUCH, MUCH higher cornering velocities. Slower in the straights than these cars, but MUCH quicker in the technical sections. And yes, it is scary as shit. Take a turn in a kart at speeds faster than a Z06 and see if you don't get excited! You think you are going to die at any second. Most fun I ever had.
You can do this. WAY more adrenaline for the buck than anything else you will ever do short of driving a dragster or Indy/F1, or riding a bull. There is a track close to you. You can do this successfully at the national level for less than what many of us are spending on our G8s. Or just club race locally, take the kids and make it a family weekend thing of it like 90% of us kart racers do. Adrenaline overdose. Go get you some of it.