If the car was preforming ok before your trek to the drag strip, has the muffler failed internally or did you run over something that flattened the exhaust, get under & have a look. Or get someone to start the car & from the back of the car listen to the exhaust to its note is it hissing like a massive restriction??? 5 mins easy step!
Also fuel pressure & flow are 2 different things, you can have pressure but without flow the engine will not continue to run. If you have access to a fuel flow gauge its again a 5 min check to rule out the fuel supply system..