Drifting isnt racing, just look at the definition of racing:
Race
B]1. [/B]
Racing a. A competition of speed, as in running or riding.
b. races A series of such competitions held at a specified time on a regular course: a fan of the dog races.
So ask yourself the question, is drifting a competition of speed? No it isn't because in drifting it is more important with what angle you have etc. Races refers to racing so if you are in a drifting competition you are not in a Race either.
Source:
http://www.thefreedictionary.com/race
Glad that cleared up,
For me the thing I hate about drifters is that they often have names such as l33tdRiFt3R or S15 dRiFter, ofcourse these are stereotypes but if you ask me: Waaaaay tooo much stereotypes, anyway I have nothing against drifting as I tend to do it myself too , but racing is IMO way more exiciting(Ever won a 50 or more lap race???) and way more rewarding, My hands or my body never sweats from the adrenaline when im drifting , it does when I am in a serious race though.
But I quess that is a preference
-Jegor