I paid $31,000 (Canadian) for my brand new 1998 Firebird Formula and at that time a new Corvette was around $60,000. So I would often tell people that I was getting similar performance from my Formula at half the price. In 98 nobody really realized that they underrated the power of the f-body LS1. GM claimed 305 horsepower but those of us who owned or had driven one knew it was way more. Especially once we took them to a dyno. My 98 Formula put down 320 horsepower to the wheels. That’s closer to 360 at the crank.
It wasn’t quite the same as the real thing though, 6 years later in 2004, I ended up getting a used 98 Corvette for $33,000, it only had 30,000 miles on it so it was basically like a new one at that time. The Corvette had better handling and braking over the f-bodies, although the aftermarket could solve that issue (I know a lot of 4th gen f-body owners who take them to the track and they could run rings around the track against a stock Corvette from that same era)