White Smoke After Revving!
 

I have white smoke coming out of my exhaust after I rev it high up around 6k+ rpms. Any idea what that could be? It's been blowing out smoke like that since I first got the car last year.

Here's the video of my car.

http://www.youtube.com/watch?v=MU5njF0ccAg

Looks to have a slightly bluish tint to it. If it smells like burned oil, it's a dead giveaway. Are there any modifications done to it?

I have a similar problem, but it doesn't do it in neutral last time i checked. When i push close to the red line it gives a puff similar color to that, obviously since im driving I can't tell for sure if its blue or white. I had my friend drive behind me and he said it could have been sorta blue but he couldnt really tell either. The car has no engine mods. I got my car in September and had no problems. I did an oil change and then is when i first noticed the problem. I found a leak from my oil cooling lines and replaced them which i thought solved the problem (about 2 months ago). The last two days I have noticed smoke at high rpm's (6k and up). I'm assuming i need a rebuild but i dont want to get a rebuild and still have a problem. And I have had a hard enough time trying to find someone to do the rebuild. Anyways, please let me know if you can help diagnose my problem.

Thanks

The only modifications done to it are the aftermarket exhaust, Racing Beat ignition wires, and a lightweight flywheel.