Jimmy - should me and my 80" wheelbase be taking offense?
Okay, the stone is wet - let me get my axe out.
I don't think the comparison between the Hondata car and a Legends car based on wheelbase alone is fair - in fact, I think it could be misleading. A short wheelbase is about all the two would have in common.
A short wheelbase car can be safely driven at high rates of speed provided the chassis is well sorted, the aerodynamics are correct, and the speed the drivetrain is capable of propelling the vehicle doesn't exceed the car's or the driver's capabilities, or the track conditions.
At 94", the Insight's wheelbase is only 2 inches shorter than the MG EX 181 streamliner, which ran just shy of 255 in 1959.
I would argue that based on the funky aero of a Legends car that they would not be a good choice for LSR, and would probably be a handful to top out, especially considering the power capabilities of the motorcycle engines they run.