I don't know the name of this movie, but what I remember of is towards the end (maybe) this white kid drives a car ( maybe a 70s 80s trans am) and he's racing a white chevy monza or nova driven by a couple black guys, as he's racing you see his necklace slide down into his chest and when this happens he wins the race, then I remember him sitting on a hospital gurney and basically saying he doesn't know what happened to him. Sure this is kind of vague but id love to know what movie this is

Here are a couple of suggestions: The Hollywood Knights (1980)
http://www.imdb.com/title/tt0080881/plotsummary

Absolute Giganten (1999)
http://www.imdb.com/title/tt0177507/plotsummary

Was it an American movie? There were a few others from other countries.

Yeah it was american, I did some more thinking about it, and it might have been a tales from the crypt episode lol, ill have to search that