Fonzy,

The answer to your question is dependent on how much money you are willing to spend...

 I'm no expert, but, if you have the cash, I.m sure you would have no problem getting some answers around where you live (local perfomance shops)

as for "out run anyone" theres always going to be someone just a bit faster? 

I seen 02 Z28 at my car wash the other day Candy Apple Red with subtle upgrades it was very well taking care of...

Best of luck.