I still have some Lubricin I got from RedMax. I would use 2-3% in all castor racing fuel. It's said to make the castor oil more slippery.
Motorman 
I blended fuels that were sold in many hobby shops in the Upper Midwest in the '60s. Lubricin N-1 is just about the very best thing you can use with castor oil. It acts as a detergent but more importantly sticks to metal like glue about one molecule thick. Unfortunately it's only sold in 55 gallon drums at just a bit less than the cost of a new car now.

I performed a very crude test in the early '60s: Purchased 3 McCoy .19 Red Head engines (Yes, quality control might not have been the best), mounted each on a box, then started and set the engines as lean as possible to see how long they'd run before stopping.
Engine #1 ran on 25% Ucon LB525 (a synthetic) with 5% nitro and quit running in less than an hour. It then had the compression of a toothpick in a sewer pipe. Nice and clean inside, but scrap.
Engine #2 ran on 25% Baker's Castor Oil with 5% nitro and quit running in about 2 hours. It still had compression when it cooled but the insides looked absolutely filthy, like some poured a cup of heavy, dirty oil or grease into the crankcase. It would need deep cleaning to run properly again.
Engine #3 ran on 20% Castor Oil, 5% Lubricin N-1 with 5% nitro and happily ran for several hours. We began a flying session after starting the engines and shut #3 down to go home. The insides were incredibly clean. It looed like an assembly of new parts with clean, light oil on them.
I mounted that engine on a (sheet balsa) Flite Streak Trainer and dragged it to flying sessions for several years, teaching several young people to fly. The tests were probably run in 1963; in 1987 I finally gave the airplane to a teenager who mastered insides, outsides, and flying 2 in a circle with it. After 24 years the engine still started and ran very well.
I believe if most of us weren't so price conscious, we'd recognize that even our "cheap" engines can run well for years if they're properly cared for - including by spending a bit more if we have to to feed them well.
That's my story, and I'm sticking to it ... (but I did run engines for years and years!)