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I am building a smallblock Chevrolet FED that will not put out any more than about 500hp. What type of transmission setup do I need? How do I setup a direct drive?
For your dragster, I would recommend a powerglide with a custom torque converter built to match engine torque, a transbrake for reaction time, just basic stuff. It is hard not to make this kind of car go fast. Direct drive is best left to the Top Fuel guys with the big horsepower.
Hope this helps.