What happens if you lose in pink slip races in car town?

Answer 1

If you lose a pink slip race, nothing happens, except for the fact that you lost the race and don't get the opponents car, so yes, as your probably wondering, you do get to keep your car, at least against Rusy, I'm not sure about others, like at the Rio de Janeiro against others, though i doubt that you would, since it requires you have Dom's Charger, I hope this helps (: