I guess it would depend on springs and shocks. I am about to do this on mine. I have Koni's with coil overs. I am going to try and lower the top mount to the middle or bottom of the frame rail. This should put that inside the wheel. I can lower the bottom mount some also. Then i will put a limiting strap on the axle so at full droop the rim cant come in contact with the mount.
91 convert single turbo open track car