i hate that name, it's like a racial slur that's 'okay'", but then i guess that depends on your definition of one.

According to the author of the Riceboy page, it refers to the nationality of the car, not the driver. In my experience, the cars falling into the category are almost all Hondas or Acuras.

I agree that it can be interpreted as a racial slur, which is a Bad Thing. I don't know what else to call the phenomenon, though. Perhaps "boy racer"?

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Tony Fabris