[Tommy]

I want to echo the suggestion to learn at a SCCA autocross event. The courses are laid out to limit top speed and provide run off areas to limit the potential for real damage. When you add the natural urge to compete at these events, you will soon be finding and stepping over the limits (yours and your car's) in a safe environment. The best advice I can offer is to learn about your limits in a safe, track environment rather than on public streets. ... My car likely doesn't behave just like yours, but when it started to spin, it was all over. I spun it at least two dozen times at various track events and I managed to keep it from looping only once. As a result of that experience, I've not pressed the limits on the street.

P.S. Racing of any kind will find any weak spots in your engine and drive train. It is not uncommon to break something. Make sure your car is properly prepared, and have a backup plan for how you'll get home if your car breaks.