Hi GUNR- That looks like the Air Kit gen 2. You have plenty of air intake.
“ However, from how lean your spark plug looks, I'd suspect the fueling system including the fuel pump module, the fuel strainer and the fuel injector.”
Your fueling might not be keeping up with efficiency of the air intake.
Also, the red lights are either oil pressure or lack of electric charge coming off the alternator. Check the primary voltage off the alternator. Pick any 2 yellow wires. Check the voltage against factory specs. Check the voltage, past the reg/rectifier, that’s coming into your battery. What is it?
What’s your battery? If it’s the stock battery or a lead acid, I would remove it and use it as a shop battery. Or toss it. Get a quality AGM battery in there.
RE coils are a joke. Replace the wiring and the caps. Get an ‘Ignition Kit’ or source locally DynaCoil, quality wiring and caps. NGK is no longer making spark plug caps. Any stock available is NOS.
This is a DynaCoil.
Cheers,
BG
https://www.youtube.com/watch?v=U9fVUEaiB6I