when i lived in England i drove a mini 1000 and a mini 800
(the latter would do 90mph after about 15 mins of pedal to the metal and a strong tailwind!)
the cars stuck to the road and were a blast to drive. i can only imagine what would happen with much more power/better suspension etc etc - go for it man!

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1984 300D Turbo - 231k....totalled 11/30/07 RIP