tjm73 said:
First the words "budget" and "race car" should never be used together. It's an oxymoron.
(BWAHH HA HA HA HA.....sorry), it'd be way worse.

Absolute truth... Yoda has spoken...
That said, here's some ways to save some $$$...
On a budget? do the junkyard upgrade...
Gears - 87-88 T-Bird Turbo Coupe rear axle - disc brakes and 3.55 or 3.73 gears in one package for $125-$300. Add another $100-$200 or so to complete the brake upgrade.
94-95 Mustang GT MAF - $40-$100. It is 70 MM instead of the stock 55 MM on regular stangs built prior to 94. It uses a slip on duct on the side that goes to the throttle body and a 4 bolt flange on the other. You need a $25-$35 flange adapter from Pro-M to fit the stock slip on air ducting that goes to the air box. Wiring plugs right in with no changes. *1
95-97 Ford Explorer intake manifold & throttle body $150-$300. The intake manifold flows 220 CFM +, much better than stock. Throttle body is 65 MM, bigger than the 60 MM on stock stangs. I got a 96 with EGR passages that match the stock setup, so my smog gear works just like factory. You’ll need a 65 MM EGR spacer & new gaskets for $65-$90 so you have a place to mount the EGR & throttle linkage.
3G alternator from 94-95 Mustangs or other Ford. $20-$120. A must have to make the electrical system work like it should. You’ll need a 4 gauge power wire and a 125-135 amp fuse to go with it about $15- $30.
Lincoln MK VIII electric fan -$40-$160. Free up some HP by not having to drive the stock fan. The 3G alternator upgrade is a must have prerequisite before you do the MK VIII fan. You won’t have enough electrical power if you don’t do the 3G upgrade.
*1.) I got a metal flange adapter from Powered by Ford for $35 and tax. That was over a year ago. Summit Racing may also have one too.
Powered By Ford
1516 South Division Avenue
Orlando, FL 32805
Hours 0800-1800
Phone 407-843-3673
http://www.poweredbyford.com/