WTF??!!

This was on the news yesterday.
I didn't catch the full report, but it was described as the pilot "performing a dangerous maneuver."
From the looks of things, it appears as though he was hot dogging over a friendly compound, turned around, but was accelerating too fast to make the landing.
I'm no expert, but that's what I think I see. Maybe one of you guys has found more/better info.