Well you just don't know what your missing! Speed Racer was one of the "Japanimation" cartoons that flooded the U.S. airwaves in the late '60's along with Marine Boy, Eighth Man, Kimba, Astro Boy, among others.
It ran on quite a few cable stations from 1967 till about '78 then disappeared until MTV brought it back sometime in the early '90's. Then of course, there was the live action movie that came out a couple years ago.............that's what the model he's working on is from.
Here's a link to Speed Racer on You Tube. BTW, this guy has all 52 episodes of Speed Racer in which I saved all of 'em! Always loved this show as a kid back then, and I can remember getting into arguments with my sister as Speed Racer came on the same time as "Dark Shadows". (Remember that one??)
Here's the first episode of Speed Racer for ya James from You Tube!
Hey Don! If you can somehow incorporate those red lights to come on when pushing the letter "E" on the steering wheel.............that would be too much!