tracking being lapping or racing?
If you just wanna do lapping days id definately drive the e46 m3.
If you want to race, and the class you're looking to race in allows e36's, i'd do that. You're at least 100X more likely to have a racing incident in a race than in a lapping day.
Hot: 2001 Estoril M Roadster
ZCP 19's, ZHP knob, JL 8W3
Cold: 2002 TiAg M3 6mt
ZCP 19's supersports, ZHP knob, UUC short shift GROM, OEM 18's w310's,
http://absolutehid.ca hid kit