Highway Racer (1977) has Merli sans mustache in a tale where cop and criminal battle with chivalry, likening cars to horses. Like a western on the streets of Rome where the two fastest guns fight to kill with mutual respect. Except with cars. At least 18 wrecks in this thing.
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Seriously though, I love a car wreck movie, so this one is another one I'll have to seek out.
Imagine the big reveal, a showdown, in the rain, and the water washes off the greasepaint.
*gasp!*
"It was you this whole time!"
Cue the revving of an engine.
Final race begins.