Apart from needing whatever ground clearance is necessary to be able to navigate the pits and return road at the tracks that you race at "ride height/chassis rake" is not relevant. What is important is the overall package--how far out the engine is and how high it is mounted usually being the primary factor.
Just about any combination can be made to work if the tires, clutch/converter, horsepower and torque are all in sync. Some people swear by slip joint cars (usually the ones with the engine behind the driver
) and some of those same guys like suspension as well but (within reason) you should be able to get just about anything to go down the track by finessing the combination.
My cars are normally have about 3.5" clearance at the front axle and I like 4" plus at the mid plate although in a lot of cases the oil pan is lower than that and the limiting factor.
Roo