The stock gears on a z-car (yellow) are the same ratio as a stock bit (orange).
The red racing gears are different from any bit gears. For one thing, the pinion gear (the one right on the motor) has 8 teeth rather than the normal 6 on a bit. The red idler gear has 16 teeth on the outside and 7 on the inside. Compare that to 18/7 on a stock bit idler gear. The gear on the axle has 23 teeth.
I'm too tired to do the math. Sorry. But here's my best estimation. . . .
6.5 : 1
Don't quote me.