Asphalt rebels without a cause

Here's a song for petrolheads and those rebels without a cause -- those failures of contemporary education -- who are every headline's business this week; some lyrics that are old enough to be be their grandfather (imagine a slow beat, a gentle piano and a crying male voice):

Tonight, tonight the strip's just right
I wanna blow `em off in my first heat
Summer's here and the time is right
For goin' racin' in the street

We take all the action we can meet
And we cover all the northeast state
When the strip shuts down we run `em in the street
From the fire roads to the interstate
Some guys they just give up living
And start dying little by little, piece by piece
Some guys come home from work and wash up
And go racin' in the street

Tonight, tonight the strip's just right
I wanna blow `em all out of their seats
Calling out around the world, we're going racin' in the street...

Anybody else remember that one? Anybody who's now old enough to be writing the headlines?