Evo's have a pretty horrible drag at speed. Even if modified they need lots of power to run in the triple digits. However, with simple bolt on's and methanol they can go 350-400awhp.
To give you an idea of stock for stock ...
after 1520 ft my buddies E92 M went 111mph and my friends stock Evo 9 SE went 100mph
The Evo achieved a 1.8 60ft time, while the M3 managed a 2.0.
The Evo has a simple grip advantage off the line but in all honesty is much slower even than an E46 M3 once rolling