That's what I meant by my memory ran away from me, I wasn't accurate.@ Juha; I read the link, seen nothing about just 'changing the fluids and it ran'. Oxygen deprived or not, I know enough that theres no way the cam/rod/crank bearings survived that environment, and two dissimilar metals, like the valves valve seats, more then likely fused together, as would the piston to the cast iron cyl. wall.
Neat find though.
Thru the many articles , but all are from translations. They got the engine to run , what was replaced, is hard to determine. Some say no parts were replaced, some say skate rollers were replaced.
I'm a fairly experienced amature race mechanic ( 20 years), but I still haven't figured out what skate rollers are.