I can dig it! But I gotta ask, competitive in what? HPDE and Time Attack or some wheel to wheel racing?
I've been kicking around the same idea of a purpose built car with a few friends. It always comes back to building a car you like and are passionate about. I can get an 80's G-body cheap, not sure I want to put the effort into something that new, we'll see.
Let's see the Elcky