Castor based oils do not burn as readily as you might think. The reason it was used is because it didn't burn in combustion chamber very well so it was thought to provide additional lubrication. Castor oil does hold up under heat well but once on top of piston oil does nothing but foul plugs. Just as a added note the Castrol Oil Co. started out suppling caster oil for aeroplane usage.
Cheerio,
Dwight Rudder "HONOURARY CANADIAN"
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BILLY BISHOP RULES, EH !'