The V8-60 was made because Henry Ford hated 6 cylinder engines (the first one he made was a failure). Other low priced cars had 6 cylinder engines but Ford would not budge, he made a tiny V8 instead, to offer a lower priced, economy Ford. There was no reason to use one for performance when the larger 85HP was available. But, they did find a place in racing where the class breakdown went by engine size. This meant midget auto racing and speedboats. The usual parts makers offered aftermarket parts. But you could spend a lot of money and barely outdo a stock full size flathead in power so it was kind of pointless, except for class racing.