Actually I heard that an SVX can go toe to toe with a VR4 on the track consider the SVX can out handle (dunno if they meant only JDM) and at least the 1992-94 models weight about 300lbs less then the Mitsubishi GTO, as it is called in Japan and Australia.
Also, consider the sort of mountain racing they do in Initial D usually don't have the cars plowing at full speed with the outcome varying quite a bit considering they're quite long. So an uphill race with a Mitsubishi GTO and a Subaru Alcyone SVX (ecspecially S4) would get quite interesting, we can always dream.