If people don't want the old school parts and dated performance stuff, staying with the stock motor would be a bad move. Ls1 swap makes the most sense. For $3k, you can do an LS1 swap complete. At least the Ls1 could handle track days time and time again without getting hurt. Plus it will shave a ton of unwanted weight off the nose of the car. That will help handling A lot!
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Twin Turbo LS1 '71 Chevelle
1000 hp 93 octane street car
6 speed
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