I have used Bob Smith's setup and modified it to feel like a Mitsubishi Starion. It has (about) the same power and an open differential for Tokyo Drift shits on Live To Cruise server Try it, and I'll update it with the comments.
It's been a long time since I posted that setup, but I decided to update it with the new features from the latest patches. Suspension was reworked, gear ratio was taken off a real Mitsubishi Starion and the power was adjusted to fit the Starion's handling.
Real life drag time: 00:17.00
LFS drag time: 00:16.76
auheuae man this setup is great fun! although i did eventually take the intake restriction off lol. Feels very much like a standard road car, awesome work