hey guys im a new racer with one season under my belt running regionals. my friend (who is a new racer) and i are planning to run in at least 1 or 2 enduros in 2006. we would be running my friends spec miata. In the case of car damage in an endurance race, traditionally who picks up the tab for car repairs? in most cases should the owner of the car expect to be responcible for damages by either driver?, or is the "you break it you buy it" approach the most common.

I ask because we are both on limited budgets, and though i would have no problem doing repairs or assisting financially, i am curious as to how you guys handle such situations.

thanks