The in race charging may not be that crazy, or with an inductive charging racetrack they may be able to run like slot cars with little or no battery at all.
http://singularityhub.com/2013/08/25/korean-road-wirelessly-charges-new-electric-buses/
Korean Road Wirelessly Charges New Electric Buses
Electric vehicles still have limited range, expensive batteries, and few charging stations. While mainstream manufacturers seek to improve battery tech, the Korea Advanced Institute of Science and Technology (KAIST) has a different idea. Who needs big batteries and stations when the road itself can charge vehicles?
In July, two new buses began public service in the South Korean city, Gumi. The buses, or online electric vehicles (OLEVs), travel a road like a wireless cellphone charging mat—only, this particular mat is 7.5 miles long and cost $4 million to build.
How does it work? The buses are inductively charged throughout the route by 180 kW power sources periodically embedded in the road. KAIST says just 5% to 15% of an already existing road needs to be rebuilt to convert it into a wireless charger.
Each power source connects to the grid and is selectively turned on or off as a bus approaches and leaves. When on, the source produces a magnetic field that wirelessly transfers energy to a receiver underneath the bus. The magnetic field is converted back into an electric current and sent to the battery and motor.
http://www.brt.cl/new-siemens-electric-bus-rapid-transit-system/
The Siemens Electric Bus Rapid Transit system – or e-BRT for short – allows vehicles to run on electricity without overhead contact lines and without rails. The vehicles are quiet and comfortable, as they run on tires and electric motors.
Vehicles are equipped with electricity storage units that combine super-capacitors, batteries and converters, carrying enough power to reach the next stop. At each stop, the e-BRT vehicle is recharged for about 20 seconds, i.e. less time than passengers usually need to get on and off the bus. Electricity generated when the vehicles brake or slow down is also stored in the storage units.