When I was in high school my auto tech teacher was a Porsche Club member and had a turbo 944 he took to track days.
It wasn't gutted but it does have 350+hp, it was a lot of fun.
We also worked on many other Porsches in our class, a lot of gutted 2.5 944's, and a few turbo 911's. A friend and myself would always go out to see the Club races and for the Driver Education days, which is what my teacher did. I liked those better because you got to see all kinds of cars, not just Porsches.
Edit: also as a class project a friend of his gave us a Cayman S and 25k to make it track day ready. Completely gutted, roll cage, LSD, $5500 coilovers, a front splitter and rear wing... and some o.z. wheels that were something like $1200 a piece. and some other **** i don't remember.
It was a lot of fun. But the idiot who owned it bought a 911 GT3 RS as soon as we finished the Cayman. He bought the GT3 to take to Porsche Club breakfasts and meets.. He got that **** backwards.