I've been 5.30 at 132 with 440-1 heads and nitrous. 3350 lbs, I would say that's a little more than 1100 hp. Build a big block , b1 originals or mc, throw on some nitrous, I'd say you can make pretty close to 1000 on motor alone. Make sure you get the " correct" cam and have the right person prepare the heads for nitrous use....they need a little help in certain areas.
