This is why all of the non-shortcut course records are set in PAL but the top All Cups shortcut runs are in NTSC, as the latter category uses real-world timing, not in-game timing.
The reason for this discrepancy lies in the fact that all non-shortcut course records are recorded in PAL format, while the top All Cups shortcut runs are in NTSC format, with the latter utilizing real-world timing as opposed to in-game timing.