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I'm going to assume you're only referring to the "racers" who show up to the drag strip, autocross, or road course to actually drive their vehicles in a performance manner, and not the everyday vehicles purchased by yuppies just to get them to work, or the grocery store, and back home again.
Generally speaking, front-wheel drive vehicles are less expensive than rear-wheel drive vehicles.
So, they spend less on the car up front and then hope they can make the car faster with as many bolt-ons as possible.
I imagine a large percentage of these folks don't really have any idea what they should buy in the first place, so they just go by what they see in movies or what they see their friends driving.
Or, they got the vehicle as a gift from their parents and are not financially capable of going out and trading their FWD car in for what they really ought to be driving to get the most out of whatever course they're trying to race on.
I imagine economics and ignorance are the two largest contributors to this phenomenon.
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