66 Formula S on racing Junk

Is it worth restoring? Probably not, the underhood had a lot of surface rust on the dash panel (don't call it a firewall), so I would expect the worst. I'm afraid to say it just might be a really great parts car. I was thinking of making it a fun driver and was planning on driving about 4 hours one way to see it but found a much much nicer one for a little bit more. Too bad about the rust, it's a really cool car in a cool color and probably hasn't been butchered up.