Following his win at the Brands Hatch meeting of the 2007 World Touring Car Championship season, Andy Priaulx dedicated it to McRae, commenting that his death "shows how fragile life can be". McRae's former rival, four-time World Rally Champion Tommi Mäkinen commented the helicopter accident as terrifying news, and described McRae as "a pleasant fellow and a tough rival". Valentino Rossi, who was taught the basics of driving a rally car by McRae, said he was shocked and saddened by the sudden departure of the former World Rally Champion. Valentino dedicated his win at Estoril MotoGp in 2007 to Colin McRae saying to the media "I want to dedicate this to Colin McRae. He was one of my big idols when I was very young and it's because of him I have a big passion for rally".
To limit power, all forced induction cars were fitted with a 34 mm diameter air restrictor before the turbocharger inlet, limiting the air flow to about 10 cubic meters per minute. The restriction was intended to limit power output to 300 hp although some WRC engines were believed to produce around 330–340 hp. Engine development did not focus on peak power output but towards producing a very wide powerband (or power curve). Typically, power output in excess of 300 hp was available from 3000 rpm to the 7500 rpm maximum, with a peak of 330–340 hp at around 5500 rpm. At 2000 rpm (the engine idle speed in "stage" mode) power output was slightly above 200 hp.
The funeral for Colin and Johnny took place on 26 September at Daldowie Crematorium near Glasgow, conducted by the Rev Tom Houston, who had married the McRaes, and the Rev Steven Reid, chaplain at Johnny's school. An address was given by Robbie Head, a former rally driver and commentator who was a close friend of McRae's, with the Rev Houston giving the benediction. McRae's niece and nephews performed the tune Highland Cathedral, a popular funeral song. The song "(Sittin' on) the Dock of the Bay" by Otis Redding, a favourite song of McRae's, was played when the family entered the chapel (coincidentally, Redding himself also died in an air crash). The Proclaimers' song "I'm on My Way" was played when they left. Colin and Johnny McRae were cremated in the same coffin. Among the attendees at the funeral were fellow Scottish racing drivers Jackie Stewart and Dario Franchitti.