He's probably already afraid to race again, but that shouldn't excuse what he did one bit. So i suggest you make sure his driving privalages are as limited as you can make them. When my brother got his first speeding ticket he was only a senior in highschool and the only driving he could do in the 5.0 was to and from school and to play taxi for his brothers...NOTHING beyond it. Someone suggested taking it off the road and making it only get used for racing. That's a good idea, if you want to buy your son something else (if he'll even still have his license after the court appearance), but otherwise what you need to do it make that GT slow. Add a rev-limiter, throw in crappy gears, do something to make that car no faster than a toyota. Then he won't want to race it because it wouldn't be fast enough, plus he doesn't deserve the respect of a full mustang anymore by street racing, especially when his parents drilled into his head, "NO RACING".
These are my 2cents...keep in mind I'm 18, have two brothers and we all got out chance to drive the 5.0 for a year. (My brother brother is just now beginning that year though.)
Good luck,
Jonathon
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