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Fastest two ITR cars that I saw this year were Grafton Robertson's Porsche 944S2 and Rick Thompson's BMW Z3 2.8. At the Goblins Go at VIR in the fall, they ran similar times.
$20k for an ITR car, especially a Porsche and especially a front runner, ain't gonna happen (read Jake's post about the cost of a Milledge motor). Same is true of a Z32. Sure, you can get on track for $10k, but up front? In a new car that you have to develop? $30-40k at least.
I'm telling you, that Fiero and that torque would have been a lot of fun. THe handling could be fixed. [/b]