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Porsche 924 (dirt cheap, rear wheel drive, plenty of tuning bits, 50/50 weight distribution, cheap to fix)
Or,
Porsche 924S (as above, 150BHP, a lot quicker round a track than many more powerful cars due to the handling) - should be able to get an 'ok' one for 2K. Lots of race bits available - plastic panels etc - ditto an old 944 (identical mechanicals to a 924S, but a tiny bit slower)
Other than that, a Mk 1 Golf GTI would be my choice, or a Mini, but RWD is more fun. You could also get a TR7 converted to V8 for around that much. Be different!
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