I have a few things to say here. I grew up around mopars until my Dad got an 87LX 5.0 then I started on stangs. But if there is one thing I do know, its that 340 dusters are quick. What year is it? 70 and 71's were the quickest by far.
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If its stock i think it might be close, those cars never came with 5 Speeds, but the 340 is not really known for being a real power house, but anyway if you can launch you should be able to beat him.
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All I have to say about this is that my Uncle raced a 71 Duster for years, with little more than a good cam, 360 heads and a victor jr. and 650 holley and ran high 11's. Granted this was a race car, but 340 non-theless. My Uncle also has a 70 340 with an automatic with exhaust and gears went 14.1's with a bone stock motor and stock manifolds. My Dad had a 71 Duster 4 speed on bias ply's ran a 13.47. And that car had very mild head work and a small cam with 3.91's. So before you agree to a race find out what all is there. He might be out just to pick on people with mildly modified mustangs. May I suggest skipping the GT-40 intake. $500 can go somewhere else very easily. Get yourself a good mass air meter and definately get the gears. If you can get traction and he isn;t modified too much, you can beat him.
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89GT, 392, AFR 185's, 11.30:1 compression, Victor Jr., 241/251 dur. @.050 with .570 lift with 1.72's, 750 Speed Demon,1 3/4 longtubes, C4 w/ 8in., 3.73's, Detroit Locker, sway bar off front, Moroso Trick drag springs on all 4 corners, Pro3I control arms with adjustable spring jack, HPM Double adjustable uppers, solid bushings, 70/30's, subframes, 3" X-pipe, 2 chamber flows (3") 11.05 @ 120 1.51 60ft. on 26x10 Hoosier slicks. 11.06 @ 121 1.54 60ft. with the 8 inch and 26x10 Mickey slicks.
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