The car's called "Red Devil" however it's been replaced with a MK4 (or it's the same car with a later front end) Clicky the guy appears to run his own tuning company. Mental car, a mighty Wail and it makes everything look like it's going backwards!
thats a bit strong i would say jimbo, in fact the guy in the video, sold copies of himself hitting 200mph on the black market, and made the mistake of selling one to an undercover policeman!
he had his licence revoked, and i belive did some jail time
video and top tune 
he was overtaking supercars as if they were normal cars and he was overtaking normal cars as if he was in a supercar!