W.T.F ?

WTH
You run that on the street?
With or without the V-can?
Are those two parts fixed together?
Or just rattling around willy-nilly in there?
Do you have a Timing Computer somewhere?

It looks like a magnetic pick-up down in the bottom there, and probably a reluctor above it. Without advance flyweights, that system requires a Computer and a fixed rotor. So I have never seen that system before, and I imagine that round slug on the left in the picture, is the stopper for the driveshaft.
But I wonder where the flyweights and springs went
Of course I drive it on the street. Lol. Two or 3 times a month I cruise it to work. 17 miles one way from my house. It’s even better with my California 91 oct fuel. Lol. ‍♂️