I saw this car years ago in PA when Bill still owned it. He put the Indy engine in it, and worked out an EFI system for it as well, with coil pack ignition. Because this was a very early car it started out life with the 255 ci Fairlane V8 engine, which had the same motor mounts as the Indy motor based on the same block, if I'm not mistaken. This car also would have begun with a Colotti transaxle. It got a 289 V8 a bit later on, but it still had the Colotti when it won the Daytona 12hours- first GT40 to finish a race, and it won as well. (Miles and Ruby driving, I think) Bill had a lot of engine spares as well, some of which I should have probably bought and didn't. I think now the car has a 289 engine in it again, but I am not sure. I thought it ended up in the Shelby museum, but I am not certain of that.
When I saw 103, it had the blue-painted chassis that it had had from new, the Fez Red paint bill had had sprayed on the body, and the blue Moto-Lita wheel that it started out with. The ID tag read "Ford Motor Company"- later they were changed to FAV etc etc. The oldest GT40 still kicking, and the one I'd most like to own, other than the one I have.