When its cold at the track, (think Road Atlanta in March) over night I would put a hot lamp aimed at the oil tank and cover the car with the whole car cover. Something like a 400 watt halogen bulb shop light.
Since you are in the north country, it might be an idea.
Cold startups with the proper oil can spike at ~80+ lbs.
That being said... Based on many of your previous comments concerning condition of specific engine parts at purchase time, I would suspect a malfunctioning pressure relief valve on the pump.
or.... you have the wrong drive pulleys installed and you are over spinning the pump...