you'd love this (http://jalopnik.com/5497042/how-a-500-craigslist-car-beat-400k-rally-racers)--it's the story of how someone bought a BMW in crap condition for $500 and won Rally Mexico against professional race drivers in $400,000 purpose-built cars.
When I wrecked my Laser, I bought a spare one for parts. I've been wondering what I was going to do with the leftover bits when I finally finish rebuilding the first one.
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...and now I know.