Racing motors may be a big investment but if you are running for records and pushing your engine to the limits it will occasionally disappoint you. Ask One Run... and me... and most of the racers here. Failure analysis may keep the same thing from happening again.
Breaking something... records or parts.... that's racing
It would be nice to have the resources to do what the OEM's can do, which is run an engine at full target output on a dyno, then tear everything apart and analyze it. Make corrections, then do it again. And again.
The best you can do on a budget is to record what everything measures before and after a failure. This keeps you from adding parts that do no good, and lets you spend your resources on items that aren't holding up.
We had a lot of drag experience on our engines. But little was known about more than 12 seconds at WOT. Year one, we found the cooling system wasn't. A piston overheated, seized in the bore, and the rod tore the piston in half at the wristpin. Then the rod punched a hole in the block the size of your fist. The rod was actually in pretty good shape, and all the others were just a couple tenths shorter. So we know we have the right rods.
So we improved the cooling dramatically, and went with stronger pistons. The first ones were cast, but these were forged. However, the cast ones have a steel insert that supports the top ring, but the forged do not.
So guess what? We found out why that insert was there the second year. The ring land collapsed, stuck the ring, and blew the a path down the edge of the piston. Extreme blowby caused me to shut everything off at just over 200. It blew the dipstick out so hard it bent it, and dented the steel hood.
Now, I could just put Year One pistons back in, increase the cooling and hope for the best. Not going to do it though. For a few years we have been waiting on "super pistons" that are supposed to be available "next quarter". Until the super pistons are ready, we can't up the HP.
LSR was a learning experience, and the reason you don't just use drag parts in a LSR engine and expect perfection.