I do have a fully adjustable suspension. 3/4" lowered in front and 1.2" lower in the rear. Any lower than that and it really does even make it out of my driveway. It about as radical as a dare drive on the road. There is only about 3.5" from the lowest part of the body to the ground. This is a long car in comparision to a porsche, making mid body scrapes a little more common. It I was truely going to race it, it would be about another inch lower. Possibly you aren't familiar with Vettes', because the only car that these wheels come stock on a Mallett Corvettes(maybe you can't tell from the small pic). You'll remember them from the Motor Trend Super Tuner Challenge. I also have the Mallett/Penske racing shocks with coil-overs. You are absolutely right, these wheels are not the greatest choice for racing. This car is not a "race" car. It is merely a superstreet car. if I was really going to race it I would have on some HRE's.
Before you judge, wait till the rest of the mods are listed.... there are quite a few.
I hope to meet a lot of eliterides members at the carshow this weekend.