318 build #2 "cost minded" for the '74 Duster

I took my car to Milan Dragway a couple weeks ago and I'm totally embarrassed on how the car performed. They are going to the 1/8 mile racing, which I have never done before. And I don't like it either. Anyway it ran a 10.65 at 77.5 mph. The 60' was really bad at 2.85. I blame it on the 12 year old 245/60/15 BFG tires that are hard and spin very easy. The car is a 340 with a 360 crankshaft and Magnum heads with 340 exhaust manifolds. So it's nothing special maybe 300 horsepower but I expected to be quicker than that.

Thanks for the encouragement guys! I forgot to mention that the trans is a 904 with 5400 rpm governor and low gear set with a Trans go kit. The torque converter is a 2800 stall 9 1/2" unit. It also has a 3:55 rear gear. I had a handful just to keep going straight with manual steering and there was rubber on my tail light lenses. And I am looking for some new tires!
And just to give you how much more you have to look forward too........
Our full size B250 Van with a full size bed, a table, and chairs ran very low 10's in the 1/8 mile with a stock 360 magnum (4bbl and headers). Just get your car to hook up and you'll see the time drop massively. 2.8's 60 ft is some serious loss of time.