The only time I've heard of "follow-the-leader" instruction is at the big "NASCAR Experience" schools where all you're doing is driving an oval, or at schools where they're instructing you in single seat race cars.

You get a lot more out of having the instructor in the car with you. Direct and immediate feedback on things that are important, like your line and braking points, where you're looking... and also things you can discuss after you get off the track, like hand and foot position, etc. A lot of things an instructor could never really notice if they weren't in the car with you.

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