My dad made something like that, except not with a Frisbee. It had two helicopter blades, and a dowel sticking out opposite the engine for balance. It had a little ring at the center of it holding the other parts together. He'd launch it from a screwdriver through the ring.

And once he did, it was pretty random where it went. Once it just went horizontally at about ten-year-old-me's head height. I ducked under it and it kept going. Sometimes it didn't do that much. And once it flew up... hard telling now, maybe 50 or 100 feet, and traveled maybe 1/8 of a mile before it ran out of gas.

You could sort of steer its initial direction by slanting the screwdriver. After that, you had no control, not even a kill switch.

Fun. And danger.