Dennis Sisco acquired this project recently without knowing much about its past. He did a little digging and was pleasantly surprised to find out about the history of this old racer. Heres the story he emailed me
This car is from the Dearborn / Detroit area. It's a 31 Model A roadster body on a 32 Ford frame. It ran in the B/SR division as 424 The Blue Racer owned by Loren McCombs of Dearborn. It ran a 312 Y-block, but the most significant thing about this little roadster is that it Won the B/SR National Title at the 1964 NHRA U.S. Nationals in Indy, and from what I have been told it is the only modified to ever win a national title with a Y-block Ford! I recently acquired what was left of the car. A big thank you goes to Dave Crain for reuniting this car with it's history.
Good luck Dennis on this cool restoration!