Kartman
I like your feedback and I pretty much agree with all of it.
I was not taking into consideration development costs but, I believe for a front Wheel drive track racer maybe 10 to 15 000 Pounds should do it in Italy. Maybe!!!
I found this very interesting site of a complete Firefox build and the real cost for the build
http://www.davebence.co.uk/onyx_firefox/build_costs.htm
I believe this is the only type of car you could build in the real world for my proposed budget.
I will post some pictures soon to have your feedback
keep the comments comming