what type oil for my 340

What type of lifters?

I use Valvoline VR1 Race Oil, 10w-30, since it has higher zinc levels for my solid lifters. If it's warmer by you, you may want to run 20w-50, but it's up to you.

I love it, and you can get it at Napa or Auto Zone for ~$6.00/qt.

What color is that, my car was originally blue thinking of painting it blue if I dont sell