The number of miles is definitely a glitch/bug/hack, there is physically no way you can rack up that mileage in the amount of time since GTPSP is released.
I rounded up the mileage to 1,000,000 miles to make it easier to count:
1,000,000 x 1.6 = 1,600,000 kms
Using fastest car aka Veyron, it would take: 1,600,000 / 433 = 3,695 hours
3,695 / 24 = 154 days
GTPSP was released on 1 October, so 58 days have passed between then and your post.
The amount of money, however, is still plausible (by my calculation, you must have been playing for at least 1073 hours though ).
EDIT: I see that you've played some AdHoc races, so the amount of money is definitely not an issue. The amount of mileage still is however...
yes i know for a fact that its not realisticly possible, im not so sure about how hte miles got like that ( some form of miss calculation ? in game )
oh well, could be a glitch or something
also, drifting >99 laps = easy money
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