I’ve heard good things about
http://www.europeanmotorworks.com/. I’ve talked to Jorge on the phone and he seems like a stand up guy.
As said, do your own research first and have a clear picture of what you want to do going in.
Also check rules carefully as different organizations have different enforcement rituals. Even then, some don’t enforce their own rules. For example I contacted SCCA about a couple things clearly stated in their vintage rules my car has ( crank fired ignition, etc) that are not allowed, and the tech guy said to not worry about it. They are mostly concerned about safety gear (good), and oddly tires. All the sanctioning bodies with the possible exception of SVRA are desperate for entries, so just make it look vintage (no big wings or aero) and don’t draw attention to what’s under the hood. If you’re spanking everyone they’ll move you up a class. I can tell you right now there will be “overbuilt” cars in every class.
A 1.7 will never put out enough hp to over stress a stock bottom end so don’t spend much on billet crank, fancy rods, etc. Put your money into the heads, cam and intake. It’s not likely that a scruiteneer will notice 3 bolt 2.0 heads rather than 4 so I’d go with those. Run big valves (44 or 46 /38), do some port work, matched to the intake manifolds and a set of Weber 40’s and race headers. Then get a good programmable distributor (123). Kick the compression up a few ticks and get rid of as much parasitic power loss (alternator, fan etc) as possible. Dial in the gearing and go have fun.