Obviously your parents love you.
Is it his car, who knows maybe he committed grand theft.
16 years old is too young for that high performance car.You don't have the experience. Fast cars and young drivers can be a death sentence.
When you get older and can afford one, buy it yourself. Do you really
think that parents should buy cars for their kids at 16 years old. Get real, better yet, get a paper route, save your own money.