It will break 1st gear trying
Stock 1500 1st gear just isn't up to it, but in an imaginary world where it didn't break
then it should run about mid 12s, trouble with a turbo car is you cant leave with max boost & hp so using 300hp in any 1/4 mile calc like the one Micke posted[which is a really good calc
] wont give anywhere near accurate results, also it calcs based on 100% traction which you will not have, finally its rear wheel hp and I am guessing you are using flywheel hp?
Here's a few actual 1/4 mile times from cars/engines I have built
67 beetle 195rwhp N/A 1750lbs, regular radials 12.44@103[gearing to tall]
Same car with slicks and 280ish rwhp using nitrous 10.42@125mph
63 ragtop beetle 210rwhp high compression N/A 1735lbs slicks no burnout 11.56@116mph
56 oval beetle slicks 350rwhp drawthrough turbo approx. 1700lbs 10.63@128mph
850 Fiat with VW engine, just regular N/A pump gas 2276, approx 150 rwhp just under 1500lbs 11.91@109mph
cheers Richie