oil in coolant

[hondaluver]

took my 78 spider 1800 out for its 5 mile maden voyage today tires squealed on every turn and when i got back home looks like a gray oily film in my radiator whats wrong now what would cause that maybe since it hasnt run that far in 5 years

[So Cal Mark]

why were the tires squealing?
low on air?
Is there any sign of water in the oil?
What was the condition of the cooling system? New coolant? Clear water?

[HAWKER]

Your head gasket may have torn or broken down and allowed a coolant dilivery hole to accept oil from a lubrication hole. Your will have to pull the head to find out. It is really not to bad of a job just get a good new head gasket and torque it properly, check mx manual, and hope that your head is not warped from a previous serious overheat.