Oh man...you are gonna love that car after $5k worth of mods.

Will is still be daily driver?
How do you feel about a large lopey cam?


Typically for a good street mannered car thats gonna perform well at the track I would go with a Cam such as the one RX sells Its a 224/228 cam on a 113 LSA. Great split between power and drivabilty. Youll need springs with that as well.
Next up will be a looser stall converter with tranny cooler. Gator will be along soon to tell you about converters...he has had a few.

Then a good set of headers along with a cat back exhaust.
And top it off with a tune.

This will get yuo in the 11s easy....and wont take all of your $5k either.