The torque tuned will be fine, most F1 classes run 21.5T or 25.5T which aren't that fast. My son has an F103 with a silvercan and it goes fine. The F103 would probably do ok at a track still despite being old.
Did it come with the TBLE-02S ESC or none? I would buy one of those if it didn't come with one and then you can switch to a brushless motor later if you want to.