You would need new:
pistons, better rods, fix the stock oiling problems, fabricate headers and intake manifild/plenum, bigger injectors, new fuel system, new computer to control fuel and ignition, fabricate new exhaust. The return for your investment of time/money just isn't there.
After all that, the transmission won't hold the power. I've built several cars with enough power to snap driveline parts, replacing transmission or clutch every oil change gets old quickly.
In the end, its still 4,000lbs, its NEVER going to be fast.
John C.