1982 honda sitting for a year started at first now carb is flooding - any suggestions?

Was the carb sitting for years before you bought it? Probably the needle shut off valve is stuck . Where the fuel line goes into the carb, try firmly tapping (wack) the carb housing with a screw driver handle. If it still floods, its take apart time. Was the "experienced drag racer" a driver, or mechanic.? Apparently he don't know much about carburetors.

Your carb is it flooding or main relay on top of the left side of streeing colum or try to advance timing ck vacuum leak

Stuck floats, incorrect needle valves, dirt in needle valve

is there a primer button on it? if so it was probably pushed to many times let it sit for a whilr or on the bottom of carb remove little bowl and dump gas out.

Do you know if there is gas in the carb ?
1982 and 1983 Honda Accord models use an electric pump.
If there is no fuel in the carb you'll need to find out if the pump is working.
Also make sure it is getting spark to the plugs.

Fuel pressure regulator needs to be replaced is it injection or Carb let me know hope this helps

Well first off what year and kind of Jag is it?That will make a difference on what might be the problem.If it is a carbureted model, it sounds like you either have a simple fuel line leak going to the carb so when your car sits fuel drips out and gives you the gas smell and then sucks air when you rev it up.If there is no line leak,sounds like your float in the carb is sticking open and simply flooding the carbs with gas,hence the smell and the bogging out at rpm.You would need a carb rebuild kit with float to fix that problem.That way you have gaskets and floats to fix your carb.

have you tried giving your carb a real good cleaning with some carb and choke cleaner?

it sounds as if you have blocked jets cause what you have said it seam that when you had the tank repired you had some dirt get into the fuel system whick blocked the jets you have to get the carb cleaned and replace the jets and then have the carb set so the emitions will be to law specks

1982 ?? their wouldnt be any adjustment as they are fixed jet carbs ,you could try fitting new jets but whats causing them to eat away in the first place i dont know unless its the fuel additive that you have to add to the unleaded fuel