I was going to do that but after researching it, it came out way expensive. Theres some vids on you tube. on it.
http://youtube.com/watch?v=kXG1bYLe4H8
heres the initial price.
Motor/ esc combo 200+
Lipo battery at least 5s 300+
lipo charger 150 +
other acessorys such as wire and deans 25 +
You can make some money buy selling the motor, pipe and gas tank.
Hope this helps.[8D]