EverDrive-64 X7. Untied WR when set. Time starts on the last fully white frame before lane 1 appears, and time ends on the first frame that "Player Win" appears after beating the final opponent, giving a final time of 54:34.000.

I have found a significant new timesave that also makes the run slightly more engaging and entertaining. You can skip the cpu's animations by pressing A on a controller plugged into the second port. I think this serves to make one of the less interesting speedgames on the N64 a little more interesting, so I like it.