As a Miata owner myself, I am biased, I admit. But that doesn't change the reality of the matter. The Miata is always the answer, no matter the question.
Here, you can see Matt Farah on a Drive
visit with an NC CJ Wilson race car and a Lexus V-8-powered NA street Miata built and owned by team manager Andris Laivins.
This alone answers two questions: You want to race a car relatively affordably? Miata. You want to stick a Lexus V-8 in something? Miata.
Seeing the epicenter of a massive Miata racing effort across the Playboy MX-5 Cup and Continental Tire Sports Car Challenge series is a nice bonus.