It really ticks me off when parents buy their kids race cars for their first vehicle, I wish my mommy and daddy bought me a z28! Im 17 and i have two cars my 90 silverado and my 74 stingray my mom or dad didnt pay a dime. I worked my ass off for three summers just to have my stingray. I hope you have good work ethics and learn how to save and balance your money situations, because your parents buying you everything sure doesnt help. Ok now im done with the lesson "Maybe im just mad because i had to work for my stuff." I dont think you will be able to run in the 11's with just that much stuff, What are you going to do with your transmission so your engine doesnt ruin it. And i hate to tell you but from where i come from but boring out an engine will cost you atleast 1000. cam will cost you around 300, heads will cost you a good 1000, all that exhaust will cost a good 7-800 dollars turbo will run around 2-2500, msd ignition if your going to have that then you need good distributor, wires, coil, spark plugs, a good 700-1000. I dont know you may be able to get it under 6000, but you have to remember about your transmission and other stuff that make the car run as well!