Nitromethane mixed with methanol results in nitromethane, also called "nitro". It is popular amongst RC racing hobbyists as a fuel that boosts the speed of model vehicles.
Nitro-powered RC vehicles can achieve much higher speeds compared to other petrol or battery-powered model vehicles. This increase in speed requires more care and maintenance as a trade-off, but this is a price well worth paying for enthusiastic model race car owners. Those who have a need for speed can turn to nitro.