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Where millionaires go to blow the speed limit

Erica Emmich, Ray Parisi and Jennifer Schlesinger
Wednesday, 16 Oct 2013 | 6:00 AM ET
The road where millionaires blow the speed limit
Friday, 23 Aug 2013 | 12:00 AM ET
VIP access inside the private club where the super rich like to let loose and burn rubber.

There's a stretch of asphalt 95 miles north of New York City where super-rich drivers can go super fast. It's in the sleepy town of Monticello, N.Y., home of the Monticello Motor Club.

Source: Monticello Motor Club

"Just think of a high-end, golf course country club," Club President Ari Straus said. "But replace all the greens and the links with 4.1 miles of twisty asphalt. … That's Monticello Motor Club. It's a true country club environment for our private members and a handful of guests."

The club is a two-hour drive from Manhattan, but some members use the helipad or a nearby airport to make the trip to the fast lane even faster. Once they're here, club members get to reach daredevil speeds exceeding 150 mph.

(Read more: They're back! $100 million homes)

Joining the club can cost as much as $125,000, and that's just the initiation fee. There are also yearly dues, and race car tires need to be changed once or twice a day, at a cost of $2,300 or more.

CNBC cameras captured over $3 million worth of cars on the racetrack. However, some cars can cost more than that.

"We have a member here with a Ferrari GTO," Straus said. "Current value on that car is probably $38.5 million, and he actually takes the car onto the track and does laps in it."

(Read more: These Ferraris could set new record)

Dr. Jonathan Glashow, a club member who is also co-chief of sports medicine at Mount Sinai Center in New York City, said that a day at the club normally costs "a couple thousand dollars," but the benefits outweigh the costs.

"You can't put a price on what I think revives you mentally and physically," he said. "So, the money I'm saving on medication and shrink visits are in my car. If you look at it that way, it's pretty cost efficient."

—By CNBC's Erica Emmich, Ray Parisi and Jennifer Schlesinger

Get VIP access to the #SuperRich racetrack in CNBC's new primetime series "Secret Lives of the Super Rich," You can't afford to miss it: Wednesday, Oct. 16 at 9 p.m. ET.

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  • A reporter and editor, Robert Frank is a leading authority on the American wealthy for CNBC.