This is a plastic or cold-cast (porcelain-like) display car model.
A Takara Tomy/Tamiya tie-up! This little Q-Steer racer is a model of...a model! Yes, it's a perfect little replica of Tamiya's "Mighty Frog" radio-controlled race buggy, now offered by Takara Tomy as a wee infra-red-controlled racer. The Frog moves forward, backward, and can turn right or left, at two different speeds. The controller also acts as a battery charger, charging up the Frog in 50 seconds (no indication is given anywhere as to how long it will run on a single charge, however). Requires three AAA batteries, not included. Infra-red controller works to a range of about 1.5 meters. B band.
In addition to the normal version as described above, this special "Custom Tool Box" edition features a tool box carrying case, a high-speed motor, a dress-up gear unit, front and rear slick tires, two jump ramps, five traffic cones, and self-adhesive seals for markings.