Your problem could be just about any gasket, although I had an experience similar to yours once with my ’94 six-speed coupe.
I had the same symptoms as you described. Servicing dealer informed me that a speed sensor gasket failed. Thought the car was on fire at first. I think I had around 50,000 miles on the car when it happened. Turned out to be nothing major.
On the same car, the rear main seal needed to be replaced, only symptoms that the car had was a slow oil drip (noticed the oil on the garage floor). I had not experienced any type of smoke with this leak.
Good luck and please keep us posted!
B17Crew