I have thought a lot about doing a project like this but its a bit out of my budget,
love to see someone give it a go though!
I wouldnt steer towards the V8 custom engines.
Waste of money. $60k for 320hp?!
Any of the following methods would cost FAR BELOW $60k. i would even go as far as to say you could buy a donor ute, donor engine, turbo set up, and preform all fab work and paint panel for a lot less then $60k!
Instead, I would just use a plain busa engine and turbocharge it as they already have a tough as FK bottom end, I think off the top of my head they can handle 320hp in stock form for everyday abuse.
Then you simply have to convert the drive to something usable in a car.
Either:
If you wanted a more traditional front engined layout:
Remove all gearbox internals that would make parasitic drag. seal up.
Then remove either the flywheel or clutch cover and have an adapter coupling made up to transmit power directly from the crankshaft to another shaft that has a plate mounting a datto flywheel/clutch assembly that is mated into the standard gearbox.
OR if you wanted to go all out:
Leave the engine as is.
cut a big square section out of the tray just in front of the diff.
Make up a small subframe to hold engine in front of diff and position so that the countershaft (front sprocket) is aligned with the diff input.
Make up an adapting uni joint tail shaft.
Motor side slips over sprocket shaft, other end bolts to diff input.
(Figure A)
OR
Mount engine in front of diff as above.
You can centre the weight of the engine to the centre of the car or, offset to the passenger side as shown, to balance weight of driver and engine.
Then, arrange a parralell tail shaft with a sprocket (either chain drive or belt) and have a chain / belt run from the engine to shaft and one from shaft to diff.
(Figure B)
OR
Mount engine to side of diff, and if not enough room move diff across and have custom axels made.
Then simply attach a sprocket to input of diff and connect a chain/belt.
(Figure C)
All of these 3 options would allow you to have a 6 Speed sequential gearbox.
easy to hook up the linkages and you can already get off the shelf air shift kits for them, ie, paddle shift.
Figures B and C would be more suited to track and racing as it is extremely easy to change gear ratios with chain and sprocket configurations and cheap too.
Downside is the wear compared to a direct uni joint style driveline.
