Can I Be Sued For My 16 Year Old Son Driving His Friends Car And Crashing It?

My son's friend J let my son drive his car and my son crashed on the freeway. My son does not have a license and the car was in his friend J's mothers name. The police took the car ( it was totaled) and gave my son two tickets, one for driving with no license and another for wreckless driving and they petitioned it for adult court. The mother of J contacted me and let me know that her insurance company will be suing me . My question is can I be sued for this? And I actually offered to replace the car with my spare vehicle because I felt so bad for his friend J who just graduated and is a really nice kid. The car that was crashed probably wasn't even worth 1500$ it was like a 2005 Taurus or something
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