Z28 VS C4 handling (modded for road racing)

Hi, everybody. I'm really excited to go for an all out track car project.

I'm really puzzled at this dilemma: could a 98 Z28 be modded to match or surpass the handling of a C4 with Z51 like susp (Crossmember and camber brace mods)?

I may be able to trade my 98 LS1 Z28 for an auto '95 C4 (and like 3K of cash, and I would swap a ZF6 and mod susp). C4s are not so cheap to get in my country (as opposed to fbodies), let alone C5s. I was just about to swap a T56 (with relocation crossmember, Z06 clutch, etc) on the Z. Before I just do either of it, I want to make sure to know if I can achieve handling capabilities of a Z51 C4 or close through modding (shocks, tires, rims, sfc, kmember, a-arms, torque arm, lcas, panhard, strano swaybars, rollbar, a little diet, etc). Guys please be honest.

I've seen biased opinions on the C4 side by people who do not really focus on track improvement (and take stock form as a reference) so I thought this would be the right place to ask.

I want to make sure to invest time and effort on the car with better handling potential (modded) on the following couple of years. (Ultimate purpose: Road Racing and a little of AutoX).