Five men arrested after alleged 150km/h police chase in Melbourne's north

Five men have been arrested after police allege their car was travelling at 150km/h, sparking a chase through Melbourne's northern suburbs.

Police spotted a white Toyota Camry allegedly "driving at high speeds" on Paisley Street in Footscray on Friday about 11.40pm.

"With assistance from the Air Wing, the Toyota was alleged to have been observed travelling at speeds of 150km/h throughout Footscray, Derrimut, Sunshine, Moonee Ponds and Brunswick," Victoria Police said in a statement.

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Police deployed "stop sticks" on Sydney Road, stopping the car on the overpass above the Tullamarine Freeway in Parkville just after midnight.

"All five occupants inside the vehicle were swiftly arrested and are currently assisting police with their enquiries," police said.

Police do not believe the Camry was stolen.