You're looking at the 1986 Ferrari Testarossa ... go-kart! The toy car is powered by a 5 HP Briggs & Stratton motor with 2 speed automatic transmission. It comes with working retractable headlights and turn signals, horn, CD stereo system, independent suspension and even a hydraulically operated rear disc brakes (well, the car can go 30 mph, so you'll need it).
The Ferrari Testarossa go-kart will set you back $25,000 - the price of a real car! - but what's money if it makes junior happy?