In addition to jdmccright comments, I would reiterate that any real world experience you can get will be invaluable even if is not on super cars. Also, don't let lack of experience prevent you from joining an FSAE team, the program is designed to
teach students about automotive engineering.
In regards to free resources I would check out this tread:
http://forums.autosport.com/index.php?showtopic=82571
You probably can't beat the Physics of Racing Series (linked in the thread above):
http://www.miata.net/sport/Physics/
That is unless you can buy or steal a copy of Race Car Vehicle Dynamics by Milliken and Milliken:
http://www.amazon.com/Race-Car-Vehic.../dp/1560915269
http://www.millikenresearch.com/rcvd.html
https://shop.sae.org/servlets/produc...&PROD_CD=R-146
I know it is a $100 and on amazon, but if you can figure out a way to get your hands on that book it will be worth it. It is the definitive book on vehicle dynamics. Even if you can get it on inter-library loan, it would be worth your time to photo copy the entire thing. Or maybe since it is available through the SAE website, if you join the FSAE team they can help you source material through the SAE.
Good luck.