You probably should start a new thread for this. My advice is to work in a material that you enjoy. Lightweight construction can be done with monocoques or space frames, in metal, composites, or wood, or combinations of all three. Read "Structures" by J.E. Gordon for a great primer on lightweight design, and "How to Make your Car Handle" by Fred Puhn for the basics on making it fun to drive. If you keep it light, the next owner may decide that under 50 HP is the way to go. "It is more fun to drive a slow car fast, than a fast car slow."
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