After almost a year, this case was finally heard by the Magistrates Court earlier this week.
To clear up any confusion, according to the police statement a maximum speed of 80km/h was reached by both vehicles prior to being pulled over. Excessive speed was NOT a factor.
After being offered and declining a plea bargain to downgrade charges from reckless driving to excessive noise, the case went before a magistrate and was promptly dismissed due to lack of evidence - the 2 officers didn't even bother showing up!
So after 5 trips to the Magistrates Court, both the co-accused and myself can put this behind us!
Also worth noting, the lawyer who's services I used was top notch - would definitely recommend him. PM me for details.
TL;DR: Cops offered plea bargains. Co-accused and myself declined. Went to trial. Cops didn't show