I think there’s a MASSIVE difference between Formula/GT/Rally guys and guys who roll coal. True racing cars count for less than 1% of global emissions. The real problem is all the flights and transport necessary to get to the venues. The vehicles themselves are a blip on the radar.
Guys who roll coal are deliberately harming the environment for the sake of making a really stupid point.
While I can respect the idea, pragmatically speaking, it would be too little too late. My 10 percent figure refers to global emissions from personal vehicles globally. In the US, these account for less than 2.5% of global emissions
Like another commenter mentioned, the majority of people (in the US) can’t even afford EVs yet, and many can’t afford environmentally conscious food replacements. If the government provided credits toward EV purchases/subsidized production/expanded public transportation, then it would maybe be possible. But given the current economic climate, it won’t happen, and the rate at which it would change even if the government did wouldn’t be significant enough to have a substantial impact. Not to mention that most of these policies are an attempt to disguise a lack of reform in the industrial/power sectors. The article above does a great job explaining why this sort of rhetoric is purposefully misleading.