No you need a sfi jacket.

Get a jacket and some tires and take the car to speedworld and see what it runs, only way to know!
Then you can go based off your ET / MPH to see what other saftey equip you will need.

You will be able to get a few runs in at Speedworld, and they will warn you to slow it down before you are booted if you run under your allowed time.

-Chris