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"to outpace" is correct and can be used in written English.
You can use it to describe someone or something as performing better or advancing quicker than someone or something else. Example: "The new technology is expected to outpace its competitors and become the top choice among consumers."
Dictionary
to outpace
verb
To go faster than someone else; to exceed the pace of.
Exact(59)
"Demand continues to outpace supply".
He is fast enough to outpace most of them.
Public labs are expanding, yet demand continues to outpace supply.
She begins running as if to outpace the train.
Some financial firms are moving to outpace their rivals.
Demand for the vaccine has begun to outpace supply.
International migration remained steady and births continued to outpace deaths.
Demand continues to outpace supply, and sale prices keep rising.
For many lenders, losses are now starting to outpace layoffs.
His long legs allow him to outpace the pack.
Despite the shortfall, Dell continues to outpace its major competitors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com