Jayson Vernon Eagles, 21, pleaded guilty at the Ballarat Magistrates' Court on Thursday.

He was charged with failing to stop on police direction, dangerous driving and driving without L plates or a supervising driver.

Police prosecutor Senior Constable Jack Fletcher said police saw Eagles speeding between 140km/h and 150km/h in a 60km/h zone on Gillies Road North on April 12, 2020 .

The court heard police activated their lights and sirens and Eagles continued to drive erratically, overtaking other cars.

He did not pull over and continued speeding at 150km/h.

Senior Constable Jack Fletcher said Eagles held a learner permit but did not have L plates displayed or a supervising driver in the car.

"His manner of driving was reckless and dangerous," he said.

Police attended the vehicle's registered owner's address the next day and Eagles admitted to the offending.

When asked about his reasons for the offending, he said 'I've got none to be honest' and 'I should have pulled over'.

Defence lawyer Melanie Rudolphus said her client chose not to pay to release his car from impoundment to prevent further temptation to drive.

She said he had never held a licence because he could not afford to get one and did not have anyone who could teach him to drive.

The court heard Eagles was currently experiencing homelessness, was on the Youth Allowance and had mental health issues.

"I ask the court to take his age into account. There hasn't been any offences of this kind previously," Ms Rudolphus said.

Magistrate Jonathan Klestadt said Eagles would have been travelling 41 and a half metres, equivalent to about eight or nine car lengths, every second at 150km/h.

"You cannot argue this conduct was not extraordinarily dangerous," he said.

"It puts stress on the vehicle you are driving and if it is an older vehicle the tyres may not be up to it, the steering might be a bit sloppy and at that speed it only takes one small thing to go wrong and you are off the road.

"Even if you don't hit a tree, if you hit a drain it would be like a car going off like a bomb and you would have been killed.

"If there was any other community member around they would have potentially lost their life. If that had happened you would have been in custody on the charge of culpable driving causing death and you would be in jail for years.

"It is incredibly dangerous, stupid conduct."

Eagles was convicted and fined $1500 and he was disqualified from driving for 18 months.

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