340WHP can get you to 11's if your car weighs at the most 2700 Lbs. I've seen it many times. A friend of mine has a Datsun that weighed (at the time) 2700 with about 350WHP and ran 11.8 or 11.9 (I can't recall) on tiny street tires. Now he's running 10's with his new setup (420WHP @ 2300Lbs). Another friend with an LS1 Datsun with 315WHP @ 2600Lbs ran a 12 flat on the crappiest tire possible.
So it's possible and likely if he's running a LIGHT car.
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2002 Corvette Z06 - Totaled
2003 Corvette Z06 50th Anniversary
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