Thats Bennnet French, I know him, he up the road about 50 miles from me. He raced a vintage Bugeye for a short time, and has been around LBCs most of his adult life. I give him a E for effort, I never saw the need to advertise a race motor in Ebay

, and doubt it is a very sucessful method of marketing. For this kind of moeny you can let someone build one that has done it a few more times, don't get me wrong, I'm not putting Bennett down, just think this is a ridiculous approach, and yes it cost about that much to build a competitive 948 race engine, and for that price you should get 16.0 to 1 compression, and a dry sump. Seriously racing a 948 these days is a joke, most vintage bodies are now letting you go with a 1275, and that avenue makes a bunch more sense.
I'd build that samne engine for about 4000 less, not like anyone is going to call you on that, I hate racing 948s, no guts to them. Fiquire a a good 1275 race motor with Carrillo/Pauter rods, using a stock, but worked crank would run a good $9K out of my shop, and most of that fiquire is parts.
Here's a stroker 1275 vintage engine I'm working on right now with a Fardon billet crank, 6" Carrillo rods.