I thought this was a rendering at first but it appears to be real.
From the DesignBoom article:
the building of the fred krugger FD first began in 2018, with the creator challenged to produce something 100% unique, purely belgian in nature and true to krugger’s style. the car’s name, ‘FD’, stands for the clients’ initials: françois fornieri and andré dupont. like his motorcycles, fred krugger created the racing car entirely by hand.
It is kind of like a real life Pine Wood Derby car.