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You sue him, like anywhere else.
Not his fault? Not deliberate? You signed a waiver?
Great, his attorney can include all of those factors in his response.

If you aren't their pet, you can also sue the track for failing to inspect and supervise his car condition, and anticipate the accident.
If a component failed in his car, sue the manufacturer. It's a long list.
Sound far-fetched? Believe me, it's exactly what F. Lee Bailey would tell you.

Now, where's my $1,000 consultation fee?

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Really?

I try and keep my car as safe as possible, I assume the risk running against someone and the chance I could crash, or they could take me out in a crash, not interested in suing anyone in a high risk sport if something bad happens