It's produced by Canadian company, Daymak - known for making ATVs, scooters and electric bikes - and tested in Toronto.
The go-kart is powered by a 10kW electric motor and is supplied by a 2,400-Wh lithium-ion battery. Giving it 60kg of forwarding thrust, are four electrically-ducted fan motors, which get the 200kg go-kart moving along quickly (to say the least).
"Speed will not be an issue, and we think we can eventually go under one-second 0-to-60mph, making it faster than any vehicle in existence," said Aldo Baiocchi, President of Daymak.
There are two models available, one being the Standard that reaches 60mph in a much 'slower' 3.9 seconds, and is priced at US$9999 ($13,463). The second is the Ultimate model (the one we all want), priced at an eye-watering US$59,999 ($80,788).
Each go-kart is custom built and tested, with delivery taking 60 days after purchase.