Street Racer (2008)
Street Racer is a 2008 action film by The Asylum. Its title is similar to the film Speed Racer, but its overall plot bears a closer similarity to The Fast and the Furious, and particularly The Fast and the Furious: Tokyo Drift, which had been released in 2006. The film is advertised by The Asylum as being based on true events.
More at Wikipedia.