Will my car pass emmsions?

[93CobraR]

Yea, I sold it because he said that I was never going to be able to drive it because it was too fast, and I have a good relationship with him, and wouldn't want to pack my bags up and leave at 18 with the car. Yea, I used to take it to the track every week. He would put it on the trailer, take it up and I would drive.
I was kinda getting sick of looking at the thing anyway. The right deal came up and I took it. I bought the car for $3000 and sold it for $8000. I found a nice 89 Lx 5.0 5 spd. It needs a fender and thats it. I was thinking I could pick it up for next to nothing and drop like a blown 347 in it or something. But then I thought about it, I would be back in the same boat. I don't really know what I want to so..... I got a stack of cash, so I'm sure I will figure it out.