Hi negative optimist.
That's a good image, loads of colour, contrast and action; the flame exiting the exhaust is great.
Matt is correct, but retaining subject image sharpness as you have here is going to be pretty difficult panning at a slower shutter speed. It's difficult to get as sharp an image as you have here without a lot of skill, luck, practice and experience! I think there were alternatives open to you at the time this image was taken.
Bear in mind this is just my opinion and not cast in stone!
The shutter speed was set to 1/250, the aperture was at f13, ISO at 200 and the focal length was 86mm. I believe a closer crop would have worked better, with a narrower depth of field and I agree with your suggestion of a lesser angle.
Your lens will stop down to f4.0 at 55mm and f5.6 at 200mm. In aperture priority mode, say you zoomed in to a focal length of 120mm with the lowest aperture available at that length, say f5.0. Reduce the ISO sensitivity down to 100 (or lower if your camera can manage it). Now for the f stop maths!
Aperture increased by 3 stops
ISO reduced by 1 stop
Result is the shutter speed has increased by 2 stops to 1/1000th
This means the background and foreground will have better Bokeh (depth of field blur), but the increased shutter speed will sharpen the overall image. This is good for the subject matter, the car, but bad for the impression of speed; the background and foreground will be sharper than at the lower original shutter speed of 1/250, and the wheels will look like they're not turning.
It's all about adjusting for light, which often leads to compromise. A 2 stop ND filter would have compensated for the wider aperture and allowed the same 1/250 shutter speed as per your original, giving the same level of overall exposure. Alternatively, without the filter, some post processing in an image editor would allow you to selectively blur the background of the 1/1000 shutter speed example calculated above. The car would be nice and sharp, so you would have to give the wheels a radial blur tweek too.
All just food for thought and I repeat, just my opinion!
I took the liberty of making a quick edit of your original to give an illustration of my ramblings!
All the best,
Rick.