You're right. The second owner had no idea how rare the car was (one of four produced) and was preparing to cut it up to be a race car. Luckily he and his buddies were drunk when they assembled the engine (and installed one of the pistons backwards on the rods). The engine broke a valve on start up and shoved it throught the piston and cracked a cylinder head. He then got pissed and rolled the car into storage until selling it to owner #3 who moved it to the spot you see in the photo. I bought it from him in '87. It hadnt rolled a tire "in anger" since late 1973. It has 16,000 miles on it now and has run a best of 12.77 @ 111 mph in street trim.
here's the link to the full story...
https://www.yenko.net/ubbthreads/show...0/page/2#82224