Grudge matches... they used to do those at Saugus Speedway in CA before they tore it down. Sign a waiver and put your car on the track. They did a 4cyl, 6cyl and 8cyl classes, so you wouldn't have a FIST next to an old Lumina. Looks like the guy got distracted probably trying to figure out where the other car was and lost his concentration. Or, like a motorcycle rider in a turn, got "target fixation". Look at the wall, steer toward the wall, hit the wall.
Good luck on insurance, especially with video of your car hitting a wall on a race track. There was a story recently about a guy who hit the wall at a drag strip in a newer Mustang a few years back. He drug the car to a highway, then reported that he was on the highway, blew a tire, and hit the center divider of the road. His insurance paid out, then after some investigation, they found the track video of his car crashing. He got in a lot of trouble...