After picking my little brothers brain this Spring (he works for a high-end, private race prep shop in Monterey which preps & maintains some amazing hardware that can be scene regularly flogged hard at vintage events across the country) on what oil to use this time around, he said they were using Valvoline VR1 racing oil, 30W, under $5p/qt at NAPA ( I special ordered it). That's what they are using now in all of their customer cars having moved from the Kendall products who 'played' with their formulas.
Considering the cars and their clients, what ever works for them I'm sure is good for me too...;-)
As stated, older engines need a higher Zinc content. As for the filter, I stock up on the MANN filter H1038s (Bav Auto)
HTH
-shanon