I am getting my STi the end of July. 91TB78 was talking about racing a Honda Civic, I race a Honda CRX Si in SCCA ITA. It is nott as cheap as you think. Buy your first car, don't build one. Your looking at close to $20,00 in mods to be competetive, and you also have to factor in tires, axles, brakes, ect... In only 4 races, I have gone through 2 sets of tires ($800) 2 sets of brakes ($700) 4 broken axles ($600) 1 broken hub ($250), and one broken shift fork in the transmission (over $1,100). You also have to factor in stuff like saftey gear ($2,000), enclosed trailer ($5,000), and probaly over $1,500 in tools. I have had to stop entering a few events because it is so expensive, and this is just about the cheapest way to get in to road track racing. Also, if you or someone else wrecks your car, you don't get any money for it, so you have to be able to start all over again. If you want to go racing, go karting.
race car:
Honda CRX Si
ITA 26
road car:
Blue/Gold STi on order