It's an exaggerated version of something that's used in racing, but going this far is not useful.

When you go around a corner, the car will lean into a bit. If the tires are angled like this (known as "toe"), more of the rubber is in contact with the road through the corner. Of course, this comes at the expense of having less rubber touching in the straights. Racing teams will tweak it a few degrees depending on how bendy the course layout is.

But only a few degrees. Toe to this extent doesn't do anything but wear down a little strip of tire.