If it's the same one I saw in Waltham back in the late 80's he had roasted the tires until they blew! Seriously I saw it parked in the driveway on Lexington Street near the intersection of Totten Pond Road and the rear tire looked like it was down to the cords - all sorts of tire debris on the quarter too.
Come to think of it there was a dark green 77 or 78 4spd Formula in the same neighborhood.