Chaoyang District Court sentenced Tang Wentian to five months of detention with a fine of 10,000 yuan, or about 16-hundred US dollars, for dangerous driving.
The other defendant, Yu Muchun, still a high school student, was sentenced to four months in detention and fined 8,000 yuan, for the same charge.
Tang's request for leniency based on his voluntary surrender was rejected.
Both drivers pleaded guilty and stated they do not plan to appeal the verdicts.
The investigation showed that Tang, driving a Lamborghini, was racing with Yu, driving a Ferrari, around 9 pm on April 11.
The two cars collided in the Datun Road Tunnel near Bird's Nest stadium during the race.
The Lamborgh