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I do autox because
- It's cheaper (per event)
- More accessible (easier to get in to, and there isn't a track within 4 hours of me)
- Lower risk (lower speeds and if you go "off" you're still sitting in a parking lot)
I DON'T do it because of:
- Less wear (I've gone through a TON of tires in my years of autox - I really think your car sees more wear at autox)
- Greater perceived value (seat time per dollar sucks)
Basically, I can go out for an afternoon and toss the car around without worrying about anything other than if my tires are going to last. I don't have to watch my budget, I don't have to pack for a weekend, I don't have to take time off work and I don't have to worry about how I'm getting home if I crash the car. I can also entertain myself for 5 Sundays for less than a single track day. I said the seat time sucks, but I'm hanging out with like-minded people for the entire day more often.
And.. I think I would probably like track days more. But there is a higher barrier to entry for me. My schedule really doesn't let me take a whole weekend like I'd need since tracks are all so far away.
My advice to the OP: Don't modify anything. Get a catback if you want more noise. Replace the tires because they suck. That's it. You'll have a car that should be reasonable competative at the local level, very well sorted and balanced, cheap to run and repeatable. You'll have a very good platform for gauging your improvement.
I wouldn't bother with the radiator until you're ready to start doing track days.
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