[rich]

Pete is right.When I was your age I joined a car club. As member I was responsible for NOT drawing negitive attension to the other members. NOT participating in street racing was on the top of our list. When your thundering around in a race ready american muscle car in excess of 450 HP With a dozen or more guys, temptation is all around you.
If YOU gave in to temptation you were wrong. This is a life lesson you won't soon forget. Pete is right. You could choose to use this experience to enhance your growth as a person. Or not. I know you were looking for advise but I guess the best thing to do now is consult an attorney.