Not gonna be rude... I thought the the Formula XR is actually based on the Formula Campus. I've raced Formula Campus, and the outlook, as well as the controlling is exactly the same as Formula Campus. It's top speed is also around that much if the gearbox is properly tuned.
However, one thing is that, the Formula Campus that I drove is H-shifter. I'm not opposing to the changing of the new patch, and I'm using a DFP, nothing related to me. I just want to say that there is still H-shifter formula is which like FOX do in old days.