WOW! you sound like my old man, Big Dave. He'd do stuff like that in his youth ... tear-down and rebuilt with a better mod. He had the fastest 55 in Central Texas back in the early 60s.
I couldn't figure out the albums here on this site, so I opened an imgur account and linked to it.
I was shocked when I saw the undercarriage of this car ... despite staying in a barn, evidently the dew during this time of year really did a number on it.