I'm in love. This is very good! It's Cyber Formula. I'm impressed.
The vehicle is v-Asurada (from OVA series). V is simply great. In ability and in looks; it is a favorite. One of the fastest cars in the series; another being Ouga (Phoenix fang).
BGM is "SOUL TWINS" by Kakazu Yumi from the CF: Road to Infinity Game series