My thought on stripes in general:
Stripes were originally used by race teams so that the support crew and spotters could identify thier car from a distance during a road race, since many of the race cars looked similar. This allowed them to be ready well in advance to hold up the big board with a message on it for the driver as he flashed by.
Each race team usually had its own unique and individualized striping pattern, along with specific color combos for the car and the stripes.
To that end I surmise that the stripes were the last item on the list of priorities when preparing the race csr. You know, drivetrain and suspension, body tweaks, aero aids, wheels and tires, safety wires and hood pins, window straps, etc...
Because of that, I feel "racing" stripes of any kind only look appropriate on a car that looks like it is otherwise fully prepped for a race event.
On a street car, I realize it is all for style, not function but it still needs to follow a theme to look cohesive and purposeful.
On a mach 1 the stripes look like they belong, as they just reinforce the "hardware" that is already visible: fastback shape, ram air hood, spoilers, hood pins, performance wheels and tires, etc...
Conversely, when ricers add a big stainless-steel salami-slicer "Fast and Furious" wing to trunk lid of the otherwise 100% stock Toyota Camry that thier Grandmother gave them for graduation, it looks ridiculous in conjunction with brown paint, skinny little tires with plastic hubcaps and the toddler's car seat in the back. And it breaks Granny's heart first time she see's it that way.
Stripes should be an enhancement to a fully-realized theme that is already visually present on a car. Otherwise they just look out of place.
This is just one old man's opinion. Feel free to spit with disgust in disagreement.