Or you could pay a restoration shop $200,000 to do a full body-off and totally stripped-down engine restoration. You’d be in for $270,000 or so.
30K would make it street-legal and then you're only in for 100K, and you might get offers for a buck-twenty to a buck-thirty for someone who wants to take it to the 200K level. Turn-and-burn.
$40k would do it.