High 7's in the 1/8..how much weight and power??

Does anyone know what kind of hp and weight are required to do high 7's in the 1/8 mile?? Say 7.90's or in that range??
You don't need much. My Demon weighs around 3200# with my 150# self in it, I have not weighed it, but is close to that. It is all steel, with factory buckets in front, just no carpet or back seat.

It has a Dana 60 w 4.56 gears, 29.5 in slicks, 904 low gear trans, an ATI 8" converter that stalls at 4600, and MP 380HP 360 LA shortblock with the 508 hyd cam. The heads are stock 2.02 x heads with no work. The compression is about 9:1 and runs on pump premium gas.

On the chassis dyno it puts down 300 HP at 5400, and 314 TQ at 4600. I shift it at 5800 and it runs 7.32 to 7.35 in the 1/8 at 92 MPH.

The previous converter was a street unit that stalled at 2800, the 1/8 mile was 7.80s at 87 MPH. If you run shorter tires, like 27s, you could run 4.10 gears and run your goal.