Actually...with street racing i've heard and seen a bunch of kids getting their car impounded and crushed...all the while they still have to pay off the car completely (even when it is a cube)
I just don't know how bad it must be for them to impound and crush the car.
Beginners can drive fast in a straight line...
Intermediate drivers can master corners...
But truly advanced drivers find their own course and that's how they get ahead.