would this pass chassis certification?

This is the real ignorance.

Sure, you can get hurt at the track, as a driver or spectator.

But the reality of street racing is that you could lose your house, your job, your life, your family.....

Injure one person in illegal drag racing and let the lawsuits roll.

Go to jail...... Oh, there goes your job.

Big lawsuit........ There goes the car and house.

Lose the house because you were acting like a 16 year old....... There goes the wife, with the kids.

Lose the wife and kids in a divorce...... Oh the joy, now you can give your x-wife money every month so she can dress nice and climb onto her new boyfriends lap.

You see....... Us smart kids keep it at the track.

But what the hell do we know......... We are just old and stupid.

Bingo. There is no such thing as a "safe street race". That's a falacy and the delusion street racers apply to legitimize their activity.

...also, if anything does happen, don't expect insurance to cover anything. They will not. Remember, an insurance company's first obligation is to find a way to not pay the claim. There will be an investigation, there will be court. and all those things mentioned above.
If the car you wrecked, was your parents car, they will be responsible for all the liabilities you incurred, and they will note have the cushion of their insurance policy, either.

Besides the things mentioned in the post above, and safety equipment in the cars, to protect the drivers, there is another element that exists in street racing that does not exist in on-track competition. The element of surprise.
In street racing anything can become an obstacle. Anything.

Since every street on the planet is lined with something (houses, schools, factories, businesses, farms, woods, mountains, water, rocks, railroad tracks, even desert, or open prairie), anything can enter the roadway at any time.
When I say anything, I mean just that: People, animals (small and large), rocks, trees, shrubs, other vehicles, etc. The list is endless.
When that happens, it usually happens quickly, and if it happens at the big end, it is usually catastrophic and deadly.

Besides things entering the road way, there is also the possibility of the driver (and I know that every street racer here is the best driver in the world) losing control of the car either through mechanical failure, driver error, or due to avoiding something. As I said, every road on the planet is lined with something, and if the car leaves the road surface for any reason, it is going to hit something, an animal, tree, bush, pole, sand, dirt, building, etc. that will have a far worse reaction than a retaining wall at a drag strip.

Also, when that happens, how far away will professional help be. How long will it take for an ambulance to get there, and how far back to the emergency room? Who will make the call, and who will just get the hell out of the area so they aren't caught by the police?

I've heard all the excuses and rationalizations. "we race on country road...", or "We race at an industrial park that's closed at night, or on the weekend...", or "We race at an old air strip..." or "We race on an abandoned desert road..." and so on. All of these claims usually end with, "...and it's perfectly safe". Of course that's complete bull ****, but, unfortunately some people have to experience a disaster to believe it happened.

I'm not trying to change anyone's mind here, either. I'm merely commenting on the bullshit, and pointing out the FACTS.

People are going to street race somewhere. I doubt that the law, or common sense will ever stop it. But, in doing so, understand that the only people buying the bullshit that "street racing can be safe" are those with the mentality to race on a public or private road that does not have the necessary safety boundaries, safety equipment and trained personnel on hand.

Street racing is NEVER safe. PERIOD. That's not, and never has been, one of the attributes of the activity.