Huqd_On_Phonix

Well the other day me and a not so great of a friend now decided to go and mess around and race each other's cars. We go along and find some backroad and slow down and he pulls up beside me in my 94 Acura Integra GS-R on the other side of the road in his 2004 Mustang. So as we take off I am going along pretty good and just start to go around a corner and thought I saw blue lights flashing in my rearview mirror...sure enough the guy calls me and told me he just got pulled. Later I find out he gave the cop my name, what kind of car I had and where I worked. The cop shows up at my house about an hour after the fact and writes me a ticket for "speed competition" since he says he saw us take off side by side from a slow/ stop start. Now my question is what can I do? This is my first traffic ticket ever and I dont even know how serious of an offense "speed competition" there is no fine or anything on the ticket just a court date and a description of what happened. Any replies would be greatly appreciated!