We had the 1970's Sport Wheel version of the Marx Big Wheel.

Ours had that awesome brake on the right side: you’d get going
 down the sidewalk as fast as you could (at least 80 mph) and then you’d pull up
on that brake and cause yourself to violently spin out.  After a few
 months, there’d be a huge wear-hole in your tire and you were (wah-wah) out of
business.

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