SB Road Racing/Nascar/Sprint Car/Reving BUDGET BUILD

This is some good math. My main track would be Laguna Seca, then there is a willow springs, button willow and sears point. I greatly appreciate your math as I had not gotten to this level of calculations yet. When I say 300-400hp I mean WHP. I am looking at the power to weight ratio that would be the biggest thing. It seems that either way, if I got 5.2 or 5.9 I will be okay, it's just deciding whether to go LA or Magnum in which it will be the best starting point and ending point
Both engines are able to make the power just the 318 will need about 500-800 rpms more than a 360 to make those numbers. So depends where you want to make it.