Now race a 1985 Camry against it and lets see the results.

I blame Magnun's stache for creating too much air resistance.

Top Gear did an episode about old supercars, those things lose quite a bit of HP over the years:

https://www.youtube.com/watch?v=ew5cPCYuA9o

The Ferrari is still way faster at picking up chicks.

To be fair, it was the 80's when almost every car was still suffering from the oil crisis fallout. Handling wise, it still could run the track about as fast as a 3rd gen WRX. In a straightline run, it suffered even back then. A much cheaper 1985 Ford Mustang GT 5.0 HO was just ever so slightly faster than it in the 0-60 and 1/4 mile times.

God help you if you ran into a Buick Grand National though, those things ate other sports cars for breakfast back then. Of course, if you were unlucky enough to be racing your 85 in 87 and happened to see an all black Buick with a GNX badge, you might as well turn off your engine and park. Those things were as fast as the Countach Quattrovalvole and the Testarossa.