500 hp is quite optimistic as others have said, especially from a 5.0L, unless there is a turbo or supercharger involved.
0-60 should be in the high 3"s if you can get traction. I had a classic roadsters AC Cobra and it was heavy 2700lbs, could only pull 13.7 in the 1/4 with a 300hp 351W.
If you can get it cheap maybe, sounds like a fair amount of fiberglass damage plus all the chassis parts. I"ve never heard of a TVR kit, maybe its a European company.
In the US most "collectors" of replicas "fake" tend to want a Ford engine from my experience. The chevy powertrains sell for considerably less. But if you are the one driving it, who cares, its yours.
Last I checked $25K US could get you into a very nice replica, I"d keep that in mind as you put together your parts/labor list.
Oh and if your interested in an engine, this ones for sale, it dynoed at 666hp, and if you"re nuts enough there"s also the 600hp Pro-fogger nitrous just below the carbs.
Just be careful, I"ve seen to many "easy fixes" end up costing more than a nice turn-key car, plus you didn"t lose two years of your spare time in labor.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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