Eish, I'm no expert on cars I'm afraid but I can find my way around them. Fuel out of the exhaust wouldn't get me concerned at all, it could just be getting rid of excess fuel in the chambers due to not starting immediatly and the exhaust system still pumping fuel in. You're motor is probably not tuned properly or you're over priming the motor on startup no doubt.
Is the car not running well in general though? Could be that you're simply running too rich but I don't want to tell you to lean the motor out especially if it's not run in yet, you will just end up ceasing and hurting the motor? Like I said also I'm not famillier with cars enough to really give advice, best I can truly suggest would be reading the manual on recommended run in procedure and perhaps tuning if they elaborate. If you can tell me what the motor is doing however I am willing to help.