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In all seriousness, If we knew what the marque/model was we may be able to offer sensibe/daft suggestions in more detail.
They 2 big ones are Do you have a **** load of money to burn and do you want to be competitive.
If the answers are no and yes, in that order, you'll need a lot of time.
Many of us here have had a bit of success, spent lots of money and time.
What's changed significantly in recent years is the type of development, not just garagiste ingenuity but full blown modern racing technological advancements, which have rendered old cars irrelevant and uncompetitive.
I've said many times before, the spec of the cars and homologation details haven't changed for 50-60 years, but cars are continually getting faster. They look, measure, handle, go, stop, do everything, differently.
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