In this case a 914 is close to the perfect car for autocross. They are super light, so they change direction like a fly. The mid engine layout means they have excellent balance. Autocross is a low speed event, so the lack of power isn't the penalty it would be on a larger circuit. With modern tires a 914 should do extremely well.
The mid engine induced balance and short wheelbase on the 914 just made it ridiculous for autocross. It was like playing a video game where you stick to the ground. I certainly raced more powerful and faster cars, but it was possible to coax everything out of the 914 with an ease that few other cars could match.
Those are a blast. I took a friend's one around a listed 15 mph corner at darn near highway speeds (on warm semi-slick tires) with not near the understeer you'd expect.
Yea I've seen some pretty sprightly little 90HP cars do autocross really well. Old 2002 BMWs, Porsche 914s, Mini Coopers, and some little Toyota spyders.