318 Power, with real street manners ?

Not looking for 20+mpg, but don't want to feed something that get 10mpg or less. Would like to take it to the track a couple times a season. But don't plan to spend every weekend their (done that long ago/ no more).
Well then a big Solid lifter FT with matching compression,will really make it easy. Lunati makes one I got my eye on. Someone said to put some money in the heads, and that could be worth one or two cam sizes.
I like the 220 or less idea, especially with fastramps.