I discovered pretty quick that there's a bunch of really great folks on this forum. I'm glad I joined, and you will be too.
I've driven Mustangs, Corvettes and Porsches on the track. If you're coming from a Mustang, I can see why you felt you needed more power. This is a totally different car, and on the track, there is absolutely no comparison -- a vastly different driving experience.
Your car was very carefully engineered for max performance by a bunch of really clever Germans, so you'll find that, short of dropping in a supercharger, it's really hard to pull any more performance from what is already an impressive car. So +1 to JayG and Cris -- upgrade the driver. Your car is a freaking blast to drive on track or autocross, so get out there and have fun!
The only other thing I might add, is if you're going to drop some money on the car: wheels and exhaust are nice, but bear in mind that your baby is 14 years old. If you haven't done so already, take it took a good indie shop (the guys on here can help you find one) and have them give it a thorough look. If I were you, I'd swap out the water pump without a second thought. You'll see multiple freak-outs on this board about IMS bearing issues, but in reality, if your water pump dies, it will destroy your engine with remarkable efficiency. And the chances of a water pump failing are a heck of a lot higher than an IMS failure.
Stay in touch, post the pics, and tell us about your adventures!
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