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Cheap track car. Miata.
E30 M3 made me laugh though. A rustbucket costs more than a decent old S2000. S2000s eat consumables for breakfast at the track. MR2s, I love them, but not the cheapest track car unless you go N/A or swap a V6 in. I'd rather track something else though. You can make a nice 240SX but to make them really fun they aren't nearly as cheap as the Miata.
If you don't mind FWD there are Integras and Civics also that can be done for cheap, are reliable and fun. And faster than Miatas.
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-Dave
Track cars: 2013 Scion FRS, 1998 Acura Integra Type-R, 1993 Honda Civic Hatchback
DD: 2005 Acura TSX
Tow: 2022 F-450
Toys: 2001 Chevrolet Corvette Z06, 1993 Toyota MR2 Turbo, 1994 Toyota MR2 Turbo, 1991 Mitsubishi Galant VR-4
Parts: 2015 Subaru BRZ Limited, 2005 Acura TSX
Projects: 2013 Subaru BRZ Limited track car build
FS: 2004 GMC Sierra 2500 LT CCSB 8.1/Allison with 99k miles
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