Car running rich

[87supraguy]

hey i have got an 87 n/a sura 5 speed. the problem i have is when i first start the car the engine light comes on. ill drive it for a while and than the light shuts off. when the engine lights shuts off the car runs like sh*t. you can smell gas really bad and my eyes start to water. also the car just seems to bog down and not want to go and than itll finally go. even at sto light i have to rev it up and than drop it into first just so it doesnt die. and if it does die i have to wait to start it. i think its getting flooded. anyone have any idea what it might be. i tried changing the oxygen sensor on the motor didnt help. (also bought a new fuel pressure regulator for it as i was told the 7mge and 7mgte have the same FPR).