The 1/8th mile is NOT where you'd want to be losing your races, its not a good sign for people who want to dominate street races in their mustangs. Electric cars have a very high ceiling they aren't even scratching yet which should be a big concern. The new Tesla Roadster running 8's out of the box should give you an idea of that, but again, that is only the beginning. Battery technology has a ton of growth potential in several different directions.
The day that they say "Gas only cars" is the day you know gas has lost. I will give TONS of shit to anyone organizing any races that exclude electric cars. You can't talk about how inferior they are all and always will be, and how stupid the idea is for all these years and then put a security blanket around you like that.
It will be whites only pies.