forgot about carbon fibre, it would definately jack the price up a bit
i did some research and am pretty sure that what it mainly comes down to is the steering ratios. an rx7 lm handicapped with simulation tyres will still spank a fully modified production version with more power, around the same weight, and race tyres... but if you could lower the steering ratio (see below), the odds would probably be a bit more even.. for a lot less than whatever the LM costs.
"Steering ratio is the difference in how many degrees your front wheels are turned compared to how many degrees your steering wheel is turned.......
The lower the ratio (12:1) the quicker the steering response. You'll notice that using a lower steering ratio will require less turning of the wheel to negotiate a corner. This low steering ratio can result in a twitchy car since the smallest of steering inputs will be felt in the car. It is very easy to over steer a car with such a low steering ratio.......
A car with a higher steering ratio (32:1) will require more steering input to get through a corner. Too high a steering ratio might give the feeling of a tight race car as you find yourself turning the wheel further to negotiate a turn....
As a general rule of thumb, the smaller the track & tighter the radius of the turn, the lower the ratio you'll want to run. Road courses are a track with slow sharp turns that would require a lower ratio. High speed long sweeping corners would not require such a low steering ratio since you are not required to turn as sharply on tracks like these.
Steering Ratio synopsis:
The lower the ratio the quicker the steering response.
The higher the ratio the slower the steering response.
Lower ratios require less turning of the wheel to negotiate a corner.
Higher ratios require more turning of the wheel to negotiate a corner."