I have been using Valvoline VR1 in my 65's race motor. No wear after years of spinning it to 8,000 rpm ! It is also cheaper than most of the rest and can be bought locally, when you find it. I buy it in multiple cases when it goes on sale.
Here's a bit from their website
Racing Oil
What are the benefits to using a racing oil versus a regular "street legal" oil?
The Valvoline VR1 Racing & "Not Street Legal" Racing Oils contain additional additives for increased horsepower and reduced friction on metal parts, provide extra wear protection for high compression/higher horsepower engines, and include less detergents than regular conventional motor oils.
What is zinc?
The anti-wear additive simply referred to as "zinc" by most car enthusiasts is actually short for Zinc DialkylDithiophosphates or ZDDP. Its primary role is to prevent metal-to-metal contact between engine parts by forming a protective film. Despite being referred to as "zinc," this additive actually contains zinc and phosphorus, with phosphorus performing the anti-wear function.
Why have the zinc/phosphorus levels in motor oil changed?
With ever increasing limits on emissions, automobile manufacturers have tightened emission control systems on newer vehicles. This is one of several factors considered when the American Petroleum Institute (API) sets standards for motor oil. The current API standard is "SM" which replaced the previous "SL" classification. Because phosphorus can poison a vehicle's emission system, the level of zinc is lower for current motor oil.
What is the controversy surrounding the amount of zinc in motor oil?
Many hands-on car enthusiasts and engine experts believe the lower levels of zinc in "SM" motor oil is causing excessive wear in older style push-rod and flat tappet engines. This is despite the fact that all new motor oil classifications are intended to be backward compatible. This has resulted in the widely accepted belief that modern motor oil is not adequate to protect older engines.
What solutions does Valvoline offer to the zinc issue?
Valvoline offers two solutions to the zinc issue:
Valvoline VR1: Contains 75% higher zinc than SM motor oil with a balanced additive package designed to work in both racing and street-legal applications. This product will protect older style push-rod and flat tappet engines. Valvoline provides this product in both multi and mono viscosity grades: 20w50, straight 50, 10w30, straight 30, straight 40, and straight 60.
Longer-Lasting Zinc/Phosphorus: Valvoline uses an advanced zinc/phosphorus additive that keeps higher levels of phosphorus in the motor oil where it protects the engine instead of poisoning the catalytic converter. Valvoline is the only brand offering this unique additive across its entire line of passenger car motor oils including SynPower -- the only synthetic offering this additive.
Which oil has more zinc/ZDDP: VR1 or "Not Street Legal" oil?
Valvoline VR1 Racing Oil contains .13% of Zinc and .12% of Phosphorus compared to the Valvoline "Not Street Legal" Racing Oil which contains .14% of Zinc and .13% of Phosphorus.
Can I use an additive to boost the zinc level?
You can use an additive to increase the zinc level. However, check with your motor oil manufacturer to ensure the additive is compatible with your motor oil.
Is VR1 a conventional oil, a synthetic or a blend?
Valvoline VR1 is a conventional, non-synthetic racing oil.