Questions and Concerns

I just bought my 3rd Mustang and have a lot of questions about how to go about restoring and modifying the car. It’s by far the fastest stang I've owned and at this point I have very little money to put into it.

First of I don't know the potential of my setup any input would be greatly appreciated.

Secondly I have no experience with traction and am simply thinking of doing upper and lower control arms. Will this be enough?

Lastly I am not sure of the power band of this car and have been told I may run out of gear before the end of the quarter. Well I do not believe so if you could enlighten me as to how much gear I really have and how far it will take me that would be great.

With that said I would like to say that my goals are mid to low 12s on Nitto or BFG DRs with no power adder and I want to run those times in full form.

I don't know the Cam specs or transmission specs only that it is a tremec, also I was told that the compression is 10.7:1. I just found out that the Alt is off a 96 and I have still not checked to see what rockers I have.

Given the extensive modifications of the car which direction should I take.

I have custom full lenght Sub frames, and the konis aren't adjustable, The upper control arms seem to be custom as well,

I plan on driving this car daily I just want to go to the track once and a while and run mid to low 12s in full street trim. Given the current setup of the car what should my next mods be.
-track
-dyno
-upper and lowers
-DRs
-Juice
-Different head and cam combo (would it be worth the cost)
ect..ect