I want to use only parts available to someone building such a racer in 1922. That means no wire wheels (yes, I know you could get them after market), hopefully enhanced carb, etc - and little of the brass bells and whistles seen on other speedsters. This also may mean back to using Coils and a Timer. You can see that the prior owner put in a pretty nice distributor setup. He also removed the Magneto.
My inspirational starting point is James Zabala's Model T speedster, whom I have never met, but to whom I owe a shout-out.
Click here to see the article about his car from the New York Times.
This a racer-photo from that era. Note how the front springs have been modified/bent to lower the front on this car.
Here is an interesting thread on Model T racing as well: