Being a member of the "200 club", beside the power requirements lacking, the plane has so much external drag, doubt if it could go much faster.
For instance, the servos on the 2 wings produce an exurbanite amount of drag. (Should be only 1 servo inside fuse and tubing going out to aileron that rotates. Might even save some weight. Remember, drag is a function of velocity squared.
Need to fill air gap with tape so when ailerons, elevator are rotated, there is no flow from the gap bottom to top wing.
Notice the screw holding the wing on. Why not recessed. Is that a step about an 1" or so behind the screw? Like sticking your hand out of car doing 60. in drag
There's more, but the thing to me that is scarry, is that long thin tail. Resonance and flutter caused by imbalance of prop/motor/plane.
Now if you had 2 identical birds and need to win by highest speed, this is what I would do. In addition, balance the prop(even composite props are not perfect) and then using a good tachometer install the prop and run it. Now unloosen the prop, hold shaft still, and rotate 30 and tighten prop. Run, record, and rotate. Take the highest rpm. That is matching motor/prop for lowest out of round.
An alternate that I use is a old FC. It allows you to use the accelerometer to get lowest reading.
@telnar1236, that what I use on my 5 bladed EDF's to get max rpm's.
If you got the cash, get a 32 bit ESC, resolder low resistant wire. Should add wattage to the motor to win. Also do a split S. It is really what info and experience you have. Play with motor timing, risky, or add a cooling fin(may or may not).
Side note--are you still using analog servos? get digital ones for better response.