Oh lordy now you gone and done it.
VTEC is a Honda engine technology, VTech is a company that makes cordless phones and educational children's toys.
LSVTEC is a general name for an engine which is custom built from an LS bottom end and a VTEC head. It is not a specific engine.
Before you start asking any more questions like this, you need to figure out how you're going to pay for the car itself, how you're going to insure it, how you're going to put gas in it, how you're going to maintain it, and how you're going to fix it if need be.
Once you have that stuff taken care of then you can worry about stuff like 1/4 mile times.