I agree that it's very clear he's giving Stahler the "up yours" gesture. Remember, Stahler tried to psych him out before the race by telling him to "be careful" and Delaney responded, "Don't be a pain in the @$$." Stahler's words were a kind of violation of a Hemingway-like code (I think the influence of Hemingway is everywhere in this film). Drivers don't need to be reminded to "be careful" and Stahler was clearly trying to make Delaney dwell on the lethal crash of the year before. The "up yours" at the end is Delaney giving it back to him, good naturedly, and Stahler's reaction is a shrugging acceptance of it, as if to say, "Hey, I had to try."
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