This is famous Saab 9-5 Aero Nordic Extreme R which we have already seen in another attractive video Nordic Sleepers. This incredible Saab wagon is full of force – 450 hp / 600 Nm(!), so it is no wonder this car are very easily ignite tires.
That’s exactly what we see in the next two videos – Furious Saab 9-5 Aero shredding tires:
And from another angle:
Technically the tire is not burning and the smoke is primarily a vapor (similar to steam). A tire that is set on fire will burn with a thick black smoke but that is rarely the result of a burnout.
The origins of burnouts can be traced to drag racing, where they have a practical purpose: drag racing tires perform better at higher temperatures, and a burnout is the quickest way to raise tire temperature immediately prior to a race.