What's the cheapest way to get the most horsepower out of my 94 Firebird Formula?

[Andrew]

Cheap goes for the labor side too, I know very little about vehicles. Thanks so much.

 

[adiabaticfire]

if you want a big gain for racing or something try a wet nitrous setup. should cost maybe several hundred in parts or a little more and you can install it yourself if you want to. should get up to like 30% or so more suds easy with no other mods and relatively little risk. people get over 50% more though on many cars.