I beg to differ there.
a FWD Accord has a good amount of stability, it's a very good platform. There's Civics running 500hp here, so why not an Accord?
Traction can easily be dealt with good tires and skilled driving.
As far as handling and cornering are concerned, I don't think the guy will be upgrading his car (even anything close to 300hp) for anything more than drags, which is what people are limited to in this country mostly. These kind of cars hardly ever appear in autocross.
Do not underestimate the power of a FWD car, they're a charm to drive (if you know how to handle them), same goes for RWD.