Join Date: Apr 2007
Location: West Hollywood, CA
Looking at the engine, the S1 valve covers were black crackle (except the HFs), which means that the valve cover has been replaced by an S2 valve cover. (It's unlikely that this is a transplanted S2 engine, since the interior shows a 4-speed gearbox, while all S2s had 5-speeds.)
This afternoon I spoke to a previous S1 owner, who said that the crackle finish on the valve covers was just crackle paint--not a textured finish on the valve cover itself. This means that it's almost certainly the original valve cover, just with its paint stripped off.
It wasn't anything to worry about before, but now it's a total non-issue.
1970 Lancia Fulvia 1,6 HF