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I know I couldn't do it if I had a high end car, I'd be afraid of something flying about and hitting it or something worse
The car is much more likely to have something fly up and hit it on track.
The majority of those guys tracking the high-end cars can afford to repaint a front bumper periodically anyway....Or they can also afford to just not care.
True, however I've never been to one of those open track days or whatever they have a VIR, I don't know enough about that nor have I see someone actually put a high end car to actual work except on YouTube.
I watched an Audi r8 wreck at VIR on YouTube, guy was pissed as fuck letting his buddy drive.