The guy who came down from Georgia to do the initial tune of my C5Z, who specializes in custom high powered cars, said he estimated that my car was putting down around 850hp to the rear wheels. With a custom made 427 engine and the twin turbos, that would be expected.
A while back I was talking to a guy working on a mustang he was making track ready. He had just about everything he could get out of the car stripped out of it and proudly stated that he had gotten the weight down to only 3,200 lbs. The curb weight of a stock 2015 Roush Mustand is a hair under 3,900 lbs. The stock curb weight of the 2002 Corvette Z06 is just a hair over 3,100 lbs. That is a significant weight difference.
I've never been much interested in just burning rear tires off of a car, however. All it takes is a bit of wheel hop and you've blown your drivetrain. Of course, I also have all sorts of braces and supports to keep that from happening on my car. Just in case.....