And I thought Id only see it in movies and cartoons...

Just wow…

Just scroll down and press play.
Its a a Red 3rd gen RX-7

http://www.teamjamoto.com/dixeregionpage.htm#v8301600

k why did that happen? was it a test? to see how long it would last with loose lugs?

No its an actual auto-x event.

It looks like the Pass rear studs alll broke,
causing stress on the driver rear studs which also broke
and then that caused stress on the front, and the pass side broke but the driver kinda broke.

lol. Its no joke. they towed it and continued,

Happened to a friend of mine,
Testing some turns on a backroad.
Drover side studs broke. destroyed his fender.