There's a guy that races at my dad's track with an electric Pinto. He drives it to work and back (range is only about 30 miles) and it gets down into the 11's on the drag strip.
Electric Crazyhorse Pinto - DIY Electric Car Forums
Mike Willmon's 1980 Ford Pinto
When you get into drag racing, you need to buy components rated for high amps and they generally aren't cheap... (he breaks down the cost on a post in that forum link above)
Good luck!