The obvious solution would be an inverted V with the turbos in the valley (hot-V) and the exhaust pipe running below the fuselage for an exhaust behind the cockpit.
That way you could also turbo-compound to the prop shaft via a turbo-generator and an e-motor that will also act as a starter-motor (don´t know if that has been ever attempted but the rotating mass of the prop might ease the starting process).
Regarding the question with supersonic props, Reno are open air races meant to attract the public. It depends of the venue to generate a profit. If 80% of them become deaf the first year*, you might have some difficulties further on.
*but, hey, what a blast, as they say