Street racing is not at all OK. Whether the road is empty or not. If you want to race go to controlled enviornment and race. By racing on the street you are not only putting your self in danger you are putting others also in danger.
Speeding in my books it is not a cool thing to do. Have I done it ? Yes. I am trying to cut down on my speeding. Even though I speed there are no of places I never do. Like Resedential area, School zone, play ground zone I just can't see my self touching the steering wheel if I ever hit some one because of speeding.