With respect to the recent sad news, please, in this thread:
--don't mention your sporting preferences
--no blaming
--no fault finding or inquiries
--no personal comments
--debate only upon physics
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With racing cars as in road cars, there are some types of impacts which are truly hard to safen. High speed impacts involving two vehicles at odd angles are truly a huge engineering challenge, and no concessions are given by physics in the situation.
Can the cars be made to survive, let alone safely dissipate, such energies?
My initial, vague suggestions are:
-how the driver is braced by safety hardware
-methods/technologies for car-based absorbers/deflectors
-yet-to-be-invented trackside devices which can intervein
-gps/transponder/optics based locating & control software
To the lattermost point: if software can immediately identify problem situations based on said sensors and data, an automated caution mode could be enabled upon all cars instantly, decelerating and rerouting all cars in concert. Robust automated/driverless car tech could be drawn upon. Put simply: criteria would engage an immediate field-wide driverless safety mode.
In lieu of a software-based approach, physical devices on the car might be considered. The first thing on my mind are some sort of large, durable airbag, like what one of the Mars rovers used. There would be an obvious mass and packaging issue accompanying that approach. If both cars use them, airbag-to-airbag impacts may avoid puncturing while providing a crucial extra ~meter of deceleration.
Trackside devices could take a variety of forms, in concept. I think of destroyable foam or cellular blocks or air cushions of sufficent mass to slow a car that drives through them. For example, if a bunch of them were held aloft above run off areas, they could be dropped upon a stationary car, or in front of an uncontrolled car. The car then crashes into this rain of absorbers.
Or, synthetic netting stretched upon run off areas which the cars can snag onto to slow them down. Stretching or tearing at a controlled rate. Something like a tow hook could deploy to engage this ground-net. If the net is not sacrificial, the tow hook could be attached to a spool of tether, with braking achieved by a braking force applied to the spool. Still a violent decel, but less violent should be the goal.
Further to that point: a pyrotechnic anchor could fire from the car down into a controlled-compound runoff surface. A spool of tether with a brake would be attached to this anchor and stop the car a short distance from the anchor. Decelerate strongly yet safely. Perhaps 10-20g. Whatever can be deemed a safe limit.