Maurtis
Elio Addict
I think the usual solution would be different pistons. You'd want oil-cooled pistons, anyway... Not sure if the Elio engine has them in stock format.
Another thing is turbo cooling. The turbo on my Abarth is cooled by engine coolant. There is a pump that keeps circulating coolant to the turbo for a few minutes after you shut the engine off.
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There are turbo setups that use thermal siphoning to keep the coolant moving after the car is shut down without running the pump, I believe the Subaru WRX does this. The system has to be designed for it with the turbo sitting lower than the coolant reservoir that it flows into.