[Fot] Weird Race Weekend Question

[Mathieu W. Huovinen]

Fellas,
Sounds like we have the bearing cap strap issue resolved...who is up for another mystery? Has anyone ever has their timing chain skip a tooth??
Final race on Saturday at the Turlkey Bowl this weekend at Summit Point. Triumph Spitfire..1296 engine. Double roller chain set. Car was running well all weekend, was out twice earlier that day. We leave false grid for the to set up for the first lap and I begin to accelerate. All of a sudden the car just dies and I coast off the track even before turn one. On the side of the track I couldn't start the car. In my mind I'm thinking my perrtonix distributor just took a shit. Got towed in and all I'm thinking in pertronix. I swap in a points distributor and nothing. Perhaps my coil? Swap in a new coil. Nothing. Plugs perhaps? Swap in a good set of NGKs. Nothing. Not even a cough out of the engine. By this time I had run down the battery from trying to start it so much. At this point I was jumping the racecar battery from my Tundra truck battery thinking perhaps a weak spark from a shot battery. Nothing. Was getting plenty of fuel because the plugs were wet. I even pulled and cleaned all the jets out of the Weber 45 DCOE just to make sure I was getting correct fuel. Fuel. Air. Spark. COMPRESSION. This next day (this morning) I did a compression test at the track. 80/70/70/70. What the heck? Thats not a blown head gasket..the cam HAS to be out of timing. I spent the majority of the 5 hour drive home trying to figure it out. Got home, car off trailer, straight to work. Pulled radiator, pulley, timing chain cover. No damage. Find TDC and put on my degree wheel. Pulled rockers and set dial indicator on #1 intake. Tuned engine over to where cam sheet says where #1 centerline is- 104 degrees after TDC while watching dial indicator. Went past 104 and dial was still climbing. Made it to to about 150ish degrees past TDC til indicator started to drop back down so I know I had went right past the peak of the lobe. Pulled chain off carefully and rotated camshaft until I found peak of lobe and moved crank back to 104 and set the chain back on...about one tooth  Put rockers back on and checked compression on #1. 160 PSI. That's as far as I got before my wife came down to yell art me. It was already 2130 at this point. More tomorrow as I put it back together. 
Thoughts? Ideas? Can the timing chain "float" at high revs? Thank-you in advance for any input!
V/r,
Mathieu Huovinen
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