Agreed. Need about 100HP more plus brakes, suspension and tires just to keep out of everyones way. That being said, a T5 can be competitive. I pulled on a new STI at 120MPH at the track in my wagon. Although, the only thing stock on it is the turbo and exhaust..... I really need some time to change that outJust have the cat deleted with a tune and you won't have any problems.
A stock S40 wouldn't be much fun on the track anyway.