gofastbird

whats up all i am new to the forum but i just inherited my dads 89 firebird bandit 2 edition #104. It has 32,000 miles on it and i want to get it to be a high 11 or low 12sec daily driver. What should i start out with have 2500 to spend on it now. i think it is a 305 not sure tho, keep hearing 305 is ****.. any suggestions on what route i should take with the bird.... thanx for the help