Today I was running my Summit around on concrete and a bit of light grass. My channel was clear and the only other person running their car was a toy RC and it was IR controlled. I noticed toward the last few minutes of my run, it seemed liked I was getting some interference. I had no control of the vehicle momentarily, but then I regained throttle. The steering was still stuck. I drove it and engaged forward and reverse, and the next thing I saw was smoke pouring out from under the body, so I grabbed a compressed air can and cooled off the parts (ESC, motor, etc.). No more came out. I carried it back inside, but haven't taken a look at it.
I don't have any mods and it is a brushed Summit. I was running with two stock NiMH Power Cell 1200mah batteries with parallel connector.
My three questions:
1. What most likely failed and smoked?
2. Will this be covered by warranty even though the purchase date was Sept. 20, 2012?
3. If I have to repair it myself, what will the repair cost be?
Thank you for your time.