The owner of the airplane allowed the pilot to manipulate the controls during the approach, attempted landing, and go around attempt. The pilot stated he did not feel comfortable with the approach so he initiated a go around. The right wing dropped and the right wing and the right main landing gear struck the ground. The airplane spun to the right and stopped. The pilot manipulating the controls did not have a high performance endorsement. The owner, also the passenger, was a certificated private pilot and had a high performance endorsement.