I don't think there is a governor. It just can't physically go any faster, either through gearing, or aero, you've topped out the poor thing.
Smells need to be described. "Weird smell" can mean a lot of things. For example, I've been eating beans for the last 2 days, so there are lots of weird smells in my room (seriously). Is the smell sweet? Does it smell like gas? Exhaust? Something burning? Melted wire? Rubber? There are about a dozen different smells cars can omit, so you really need to narrow it down.
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