Traction is the biggest issue on "the street" IMO regarding the performance of your car. Ringers, sleepers, those can take your pride, money, or both.
Too many street races to count. Most from a roll or traffic light to ______ (fill in some landmark). Never more than a 1/4 mile, or in my case, never faster than 120.
So many stories to tell, so I will just tell you that the worst cop that could pull you over is your dad, when you're a teenager. Fortunately I was not racing, BUT I was where the "street scene" happened in New Orleans, and I was able to keep my 71 Charger R/T...probably because my dad did the same thing when he was young.
The most surprising "sleeper" was a full sized white Chevy van, with a built 427 big block! The motor was for the guy's Vette, but the car wasn't finished and the motor was, so....
One of the coolest things I saw on "the scene" was my best friend riding his Yamaha Daytona 500 2-stroke street bike on its rear wheel for the whole 1/4 mile, multiple times, on multiple nights.