It sounds like the 10 MPH is a club safety rule. I can see no reason why you couldn't easily go 50 in a cart like that.
They mention riding only on abandoned or private track. I think the 10 MPH might be so that if there is damaged or poorly maintained track, nobody gets hurt.
I didn't see any suspension on that "railrider" either, so you might not want to do too fast because of that either.
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