Here's the proposed V8R spec, as of October. This is based on what I found on the V8Roadsters forum, I don't know if it's progressed at all. But since the poster (V8Roadsters) are the same people who would be building our engine, you can bet we'd have an exemplar engine.
Chassis- 90-05 fully caged cars must retain factory dash pad. Nascar bar are legal. All other interior and wiring maybe removed. Hard top optional.
Engine- GM L33 5.3L engine with 243/799 casting cylinder heads, blending of bowls and valve job permitted. Limited comp ratio to be determined. LS6 intake manifold, fuel rails, injectors with F body cable driven 78mm throttle body. Drive configurations are open but must remain all GM. Balance is open butmust be SFI approved. Camshaft is a V8R Spec item and stated specs. V8R oil pan.
Clutch/release bearing are open items.
Transmission- T5 synchronized gearbox. Ratio are open. No dog ring or sequel style gear boxes
Differential- Either the Getrag with G80 option or Ford 8.8. Ratio is open.
Brakes- open
Wheels- open but no larger than 15 inch
Tires- Hoosier 275/35-15 R6
Suspension- is open(shocks, control arms, etc)
Body- Fender may be pulled and rolled. Front air dams allowed and use of deck spoiler. No wings