I'd be looking closer at your driving technique, tyres/pressures, and suspension.
My brother runs a 1299cc Nb Mini under very tight class restrictions, and he's currently almost 5 seconds a lap quicker than me around Mallala. My first time out and he's done many, but you the the idea. 1299cc/10" wheels, 7,5" brakes/glass, full trim.. ZERO aero enhancements and just 145hp.
More experience, further adjustments first. Do you have a rear sway bar? Ditch it for one meeting to calm the rear, see how you go.
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