If you're going for the embarrassment factor, two other options are the Dodge Omni GLHS, which uses the same 224 HP engine in a 2200 lb car. If he's looking for something newer, there's the 2001+ Hyundai Tiburon with a 200HP V6, which can be made to be pretty quick.
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2004 Subaru Impreza WRX STI (daily driver)
1999 Mazda Miata (track car, slow, but finished the SCCA Runoffs)
1987 Porsche 944 (being rebuilt)
