Welcome back, Andy!
Got any pics of the project car yet? Be sure to post anything up as I'm sure there will be a lot of interest.
You seem very well-studied already so I can't help you there with structural foam, other than to say I know it does work outside of automotive uses and in construction.
I myself though would focus on specialized bracing first and look at foam and other options like that as secondary. As you surely know the Z32 is a heavy beast and so with a diet in mind, any creative bracing that accomplishes multiple upgrades would be top of the list along with hopefully losing a heavier OEM piece along the way.
Hope someone with race-prep experience chimes in, and Good Luck with your project...sounds like a lot of fun!
Oh, and BTW there is a guy in Canada with the Daltech race car, he's posted up a few times here...Nismovs?...anyway, perhaps if you contact him he can share some of the mods done to that car to make it competitive?
Edit- here's his thread-
imsa-bridgestone-supercar-rebuild-t596835-60.html