Well, long ago cars were the ultimate in freedom.
And then they became the ultimate in status. (mostly because girls could read a guy's wealth from his car)

Now, all cars look the same.
Most people can't tell the difference between a Lambo and a Ferrari.
Further, they can all be leased... so they're not as good at getting the chicks.

Today, they are a money sink.
Most people hate their commute so much they would rather live without a car.
Gas, tax, licensing, insurance, thin-blue-line fees... they all make it less and less about freedom and more about a boat anchor.

And then, there is the impracticality of having a sports car.
as you have pointed out.