I'd maybe consider venting my hood if I start tracking the car alot and have cooling issues. (There are plenty of better solutions to that problem though) Vents just aft of the radiator are great at extracting the hot air from behind the rad and promoting much faster air flow thorugh it. That what those hoods that take the big dip before the front edge are for. Plenty of ricers are using them for looks now, but lots of race cars have them as well. You can see them clearly just inboard of and back from the headlights on this Maserati racer:



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