Not only that but friction from the crank splashing around in the oil can eventually cause it to froth up. Typically the guys on the road course add half a quart of oil to the oil pan before heading out. When cornering at high rates of speeds on a road course sweeper, can, and has been known to starve the oil pump of oil.

Happened in my last car. Cost me a motor. I doubt this did any damage to your motor. You'd need more than half a quart to do any real damage.