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Someone recommended an oil cooler for tracking. Is this a worth while mod? If so, any suggestions?
Unless you are regularly exceed 280F oil temp, I wouldn't do it. The greater concern is that the oil stays too cold all the time. Your oil must reach 212F every once in a while to fully burn off contaminants and moisture.
If you run high oil temps all the time I would rather go to a 5W-40 oil than put an oil cooler in.
I really think an oil cooler only makes sense for autocrossers or very high speed driving applications such as on Germany's autobahn.