good comp for the T5 would be an infiniti I30 T . but ya. the m3 would out handle the T5. but once that turbo kicks in (T5) it would be a good match. especially up to top speed . i dont know if there was an awd option on the T5. was there?
i dunno al, from the times u had at cayuga i've seen preludes do that EASILY...if he has the SH its around 150lbs heavier than the SE or the normal prelude...you might take him off the line, but he has around 10 more HP and better gearing..it'll be a close race...i suggest putting your car on a lil diet that day..maybe take out the spare and stuff just to get a lil more advantage
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it will be a really tight a race, but the M3 will take it in the end, note the 0-60 times and 1/4 times, plus top speed is higher and all, M3 no doubt in my mind.