I feel like I can add a bit from my racing experience after reading this thread.
for track days / road racing you want to seal the rear cowl area because this creates lift (see any wind tunnel stuff). When at low speeds heat will come out of there and anywhere really that it can escape, but at speed the air comes off the windshield and lifts the hood up.
in champcar, where I've raced for years, it costs me points to upgrade radiator so while I would run a nice aluminum one in a second if I could, I'm running ebay specials of the factory radiator. We are able to keep the car cool with shrouding, water wetter, and no coolant. This strategy would not work on a street car that idles often, we have an electric fan on a switch for sitting under red flag or in pits.
things that matter for cooling system -
1. a lower thermostat really helps on a race car because when the car does get a chance to cool it will go to a lower temp giving headroom to expand from. it's buying more time under load / on the back of another car's bumper before temps get too high.
2. shrouding is everything. if you can force as much air as possible through the radiator with no chance of escaping then you'll keep temps down
3. more fluid volume will mean the whole system can absorb heat better
4. under-hood temps don't matter as much when moving fast, but do matter a lot when at low speeds / sitting still. cutting holes to prevent pressure build up will help at low speeds and high speeds, but we still have a solid hood on the racecar and its going wide open for 8-24 hours.
what does this all mean for the street /+ trackday fiesta st?
1. upgraded radiators will increase capacity which should really help.
2. lower thermostat will help a bit, but it's a compromise for a street car, you don't want to drive around at lower than t-stat temps in general use.
3. less coolant concentration and water wetter will help a bit
4. venting hood in right places can also help a bit, but shouldn't be needed to run without overheating
5. shroud and seal with tape as much as you can