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Here's the point that most of you apathetic morons are missing:
It doesn't matter whether you think the Ferrari/BMW drivers deserved their punishment due to their behavior. The issue here is one of civil rights.
The fact of the matter is that anyone charged with street racing can have their vehicle eventually forfeited by the government. Since the govt goes after your vehicle using civil means, the burden of proof is lower, which means that your vehicle can be forfeited even BEFORE you are convicted in a criminal court of street racing.
We all know that there is considerable leeway to the term "street racing," which could include excessive speeding. The BC government seems to have placed no protection of civil rights in enacting these new regulations.
I think that New Brunswick's protection measures of only seizing assets that are used in an "ongoing criminal activity" is a good one. If a drunk driver gets caught repeatedly driving his/her vehicle drunk, that becomes an ongoing criminal activity and then the vehicle may be forfeited. The way the new law is written, they can pursue forfeiture of the vehicle even if you were caught driving drunk once because you placed other road users at risk, which is a fairly low standard.
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Poor is the man whose pleasures depend on the permission of another.
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