which shape are you looking at 92-95 (EG)? or 96-00 (EK) i currently drive a 99 EK9 type r
i reckon an EG isa the best for a cheap track car, the integra type r is based on that chassis so you can swap a lot of the integra stuff straight onto it making a good handling car, one thing i would say is a necessity is to replace all the bushes throughout the car because they are very poor and prone to going,
id go for a vti which is the 1.6 vtec engine, which if kept full of oil will be bulletproof on track, also a good, very good mod for a vti is the ITR gearbox, which has better ratios and LSD
as for the engine you'll have to spend a load to get it past 170bhp, if you intend putting cams in, budget for a remappable ecu and mapping, cams wont be any benefit without that.
id go for, a good set of coilovers, bush replacement throughout, stiffer engine mounts(OEM ones will be past their best) ITR ant roll bars, camber kit + full geometry setup, itr gearbox, a good 2.5" exhaust and that shoud make a good track car