Ok I got a chance to really race this sucker this past Saturday. I did buy some Ride R1's and did run them in the race. Found my loosened diff to be too loose and have tightened it up a bit and have been hunting for some new ceramic diff balls to rebuild it. The car ran great and had every bit as much speed as any other car on the track. I did push as expected with the rides, but now am going to see what I can do to free her up a bit. I am also now fitting an oil damper to the car. Its only a temp one till I can get a TRF for it though.
All in all was a great first real race for my budget F1. I can't thank you all enough for the help.
Jason