You will have to see what IHRA rates that particular 307 at. I believe the factory rating was 145 or so. IHRA rates a motor different, at times, between traditional Stock and Pure Stock. Shipping weight divided by IHRA rating = the cars natural class. From there, you can move up one class or down one class. You take the top weight break for each class multiplied by the IHRA rating + 170 pounds to get the minimum weight, with driver, across the scales. If the shipping weight/horsepower = 14.xx, it will run G/PS, and can also run F and H To run G, you take 14.00 x IHRA rating + 170 = min wt.
I wrote this a few years ago, lists all the weight breaks for NHRA/IHRA Stock and Super Stock:
http://classracer.com/classes.html