The novel ratchet motion of magnetic skyrmions driven by microwave magnetic fields, with the motion direction and speed tunable by field parameters, provides a promising route to drive magnetic skyrmions in materials with poor conductivity. However, as an indirect motion, skyrmion ratchet motion speed is generally low in comparison with the direct motions driven by current. Toward practical applications, it is important to ask if there are mechanisms to realize ultrafast ratchet motion of magnetic skyrmions and how such novel motion can be integrated into racetrack-type skyrmion devices. In this work, we explore the effects of defects and edges on the ratchet motion of magnetic skyrmions under time-varying magnetic fields in GHz. We demonstrate that the ratchet motion of skyrmion is not only guided along the defect tracks or edges, but also with a remarkable speed-up (with a factor over ten) compared with that in the bulk region. The skyrmion ratchet motion speed reaches 100 m/s along a straight defect track/edge and 10 9 rad/s along a circular edge under a field of ~50 mT, comparable to those direct motions driven by currents. Moreover, the skyrmion ratchet motion along the defect track/edge can be facilely controlled by the field and defect parameters. Analysis based on time-averaged Thiele's equation of skyrmion verifies that such a speed-up effect is due to the increased time-averaged driving force perpendicular to the skyrmion motion when it approaches the defect track/edge, analogous to that discovered in direct motions driven by currents.The generality of our conclusions has been examined for the ratchet motion of Bloch and Néel-type skyrmions driven by a variety of time-varying magnetic fields, and for systems with open edges or defect tracks with modified Dzyaloshinskii-Moriya or exchange interactions and anisotropy.