I assume you have the nitro rs4? If you're looking to run over 50, the first two things to consider are gearing and engine. Definitely get a 2-speed transmission. That will make getting to that speed easier. You'll have to alter the stock gear ratio so pick up a few extra spur and pinions to go with it. Also make sure you have a powerhouse engine. If you're sitting on the standard .15FE, you probably will never get to 50. From the clamor I'm hearing, you may want to drop in the new OS .18. That is reported to have tons of power. Get a nice header and tuned pipe for it and that will get you moving in the right direction.
Now to ask what I should have asked first. What engine are you running? What gear ratio? Single speed? Is it the belt or shaft drive chassis?