Larry's 65 Falcon has undergone many changes in the last few years.  It was originally built as a drag car, but was transformed into a road racer soon afterward when Larry realized how much he loved road racing.  The body is a 65 Falcon Ranchero, but not much on it remains stock.  

The engine was replaced with a Ford Cosworth Nascar 358ci engine, which produces 710 horsepower at 9000 rpm.  The cam was replaced with one that will pull the car out of the corners on road courses and to make it more streetable.  This gives it more low-end torque and lowers the powerband a bit.  Even in this setup, it still puts out over 660 horsepower and sounds awesome!  The weight of the car is somewhere around 2900 pounds, so horsepower-to-weight ratio is very good.  It does run on 91 octane, although it's not a good idea to beat on it without race gas.  You would never suspect this horsepower from a mild-looking 351-based block with a single four-barrel.

The suspension has been totally redone, and again virtually nothing remains stock.  In the rear, a floating 9-inch allows the suspension to work around corners, and the 9-inch will provide plenty of strength for the power the engine makes.  The tranny is a Tremec T-56 6-speed, which works with a road racing clutch.  

Brakes are Wilwoods with 6-piston calipers in the front, 4-piston calipers in the rear.

A full roll cage protects the driver, and racing seats hold him in place.  A full array of gauges have also been installed to monitor the vitals.

Basically, the car can hold it's own against literally anything on the road course, up to and including Nascar race cars.  It has the power and handling to to embarass anything short of $400k, and has the best sounding engine (in my humble opinion): a V8.