It works, a lot of my mates used to use it in their race cars back in the nineties, I used a different product that did a similar thing as I was sponsored by the opposition, but if you aren't having any cooling issues I wouldn't.
There was talk in the US that it may react with Dexcool (US GM coolant which is the same thing as LR OAT) as some were getting a funny scum in their water reservoirs after dropping it in


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