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Speaking on dirt racing my 99 stealth handles as well as anything I have driven or raced against. The geometry of dirt cars really hasn't changed significantly in 13 years. The biggest difference is shock and tire technology. I can't comment as to how the 97 Stealth would work as an asphalt car.
I would be more concerned about the structural integrity of an older car than the competitiveness. Really good inspection would be important. Have tubes been replaced? Have there been any plugs put in tubing? Do any of the welds show signs of previous cracks/rewelds? Is there any sign of cracked tubing 1/8th to 1/4 inch from the welds? Is the chassis still square? Are there cracks hiding under multiple paint/powdercoat jobs? Has the inside of the tubing been subject to rust? That all comes down to who previously owned the car (all previous owners) and what kind of storage and maintenence proceedures were used.
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