The RC Car Action website has a whole thread devoted to that just look under Worlds Fastest RC Car Challenge post.
Well here is what I found:
"FINAL THOUGHTS
As you know, this event was organized to break the existing “Guinness Book” RC world speed record and to post a speed that is a true reflection of what a modern RC car can do. The main goal, however, was to promote the hobby on network television. The staff at Team Associated would like to acknowledge that, even though they were the first to take the necessary steps to formally challenge the existing RC world speed record, Chris Collins’ posted 112.7mph speed is still the benchmark. Meanwhile, the A-Team is preparing for another record attempt; they want to push the TC3 past the 100mph barrier and the L3O past a buck and a quarter. You can bet that we’ll be there to cover the next attempt, and they hope that other RC manufacturers will want to join in on the action!
BUT IS IT OFFICIAL?
There are a two ways to establish a new RC world speed record. The first is to have a representative from the publishers of the “Guinness Book” in England witness the record-breaking event. The second possibility is to have the event aired on the U.S.-based “Guinness Book of World Records” TV show, which is actually a separate entity from the printed media production. Being aired on the TV show, however, is a shoo-in for having the world record published in the book. As you can imagine, it isn’t easy to persuade someone from the “Guinness Book” to travel all the way from England to witness an RC car speed-record attempt. Master RC promoter Dan Moynihan, however, managed to spark the interest of the producers of the TV show and was able to set a date to videotape the record-breaking attempt and, if successful, air it on the popular weekly television program. Unfortunately, the film crew had to cancel at the last minute and wasn’t able to tape the speed-record attempt at Irwindale Speedway. This didn’t stop the event from taking place, though; instead, the ABC News Team videotaped it, and the speeds were recorded with a super-accurate Stalker police radar system (similar to the unit we use here at Radio Control Car Action). The event was aired on network television in several time slots, including prime time, which meant that millions of people saw it. The videotape and radar data have also been sent to the producers of the “Guinness Book” TV show. At the present time, however, Cliff Lett’s record-breaking 111mph run still has to be verified, and the existing 59.5mph record still stands. Let’s hope that the videotape and all the exposure will entice them to publish this new speed record soon. Who knows? Maybe we’ll even see Cliff Lett set an even faster RC speed record on TV."
Here is the link
http://www.rccaraction.com/articles/need_speed3.asp
Then I googled and found the discussion on the 161 mph UNRECORDED run. Along the way I found this on youtube
[ame="http://www.youtube.com/watch?v=e1YYfwaiQBA"]YouTube - 200+ mph Nitro R/C[/ame]
I guess in the end the record stands at 111 documented mph. I am sure LIPO powered brushless hearted cars can exceed the 111, but 161 mph that are actually controlled by a driver in a straight line I would have to see to believe. Good stuff, good stuff.