A slim, two-sided remote controlled toy vehicle with high speed, high maneuverability and high shock and crash resistance. A remote control scheme based on digital signals embedded in infrared beams allows improved control and high-speed terrestrial and aerial stunt capabilities. The toy intelligently implements infrared communication, on board micro-control units, flip sensors, sounds, lights and other pre-programmed actions. Various stunt accessories are also provided, to increase the play value of the toy.