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Get an E30 325i or 325is. Those go for about $3000. Then you can go race prep it for an additional $15-20K. 190 HP or so. Weight will depend on how much stuff you're willing to jettison (how spartan you're willing to endure). Track car (I recall guys really being happy running those in the Pro3 class) that can also be streetable (barely). It's a BMW. It's sporty. And it'll be good for both street and track.
Seriously, the most important question: what's your budget? It's impossible for us to help without this information.
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1987 Venetian Blue (looks like grey) 930 Coupe
1990 Black 964 C2 Targa
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