Gansan, I have seen this video before, but it does not answer the question I posted in terms of financial responsibilities if the car owner does not own the pink slip, which was my question raised but not answered at the end of the video. So far all the cars I have seen are 20 years old fixed up beaters.
Yeah, I have no idea on the answers to your question.
Here's another article--it seems like the guy they interviewed owns the car, but they don't state it explicitly.
http://www.msnbc.msn.com/id/1933995...t-racers-souped-up-cars-crushed/#.Tq9C4M0b29E