Okay, so this is just a recreation of Mater from Disney/Pixar's Cars, but it looks the part and it does righteous burnouts. That's cool with me.
The truck is a 1950 International built by Mark Gibbins down in Australia, Land of the Hoon. It's running at their great burnout and sunburn fest Summernats. Here's their description of the truck running in the burnout finals.
You won't see this 1950 International V8 tyre-shredding tow truck at Disney on Ice, but if there's ever a Disney on Burnout Pad, watch out!
Pixar character or no, that's still a sweet burnout.