I assume the car is under your name and you are the one who purchased the car to begin with, right? Are you also paying for the insurance? I agree with your decision to take his license until after the court date. I don't expect them to take his license if its his first offense - maybe a suspension and defensive driving school, but it
will stay on his record for a while. Does he have a job? Make him pay for the repairs, and if you let him drive it again, at least make him pay for his
own insurance (not under your name - that will teach him the benefits of safe driving

). I'm sure he scared the hell out of himself and will think twice before doing something like that again, but a mustang is definately too powerful for an unexperienced driver who can't resist peer pressure. There are exceptions to every situation, however.
I've been driving mustangs since I was 16, but I bought it myself and paid for my own insurance(under my father's name). I'm 21 now and have never got a speeding ticket or had an accident....in a mustang
