o.k. i have read all the above, Bob is on the right track, you need a closed system, in that you need an expansion tank with sufficent volume to cope with the cooling system at full temperature plus at least inch or so above the highest point of the cooling system
this tank should have a 3/4" hose from the bottom to a water jacket in the block or a heater hose.
it should also have in the top of the tank, a small inlet about 1/4", this should be fed from the top of the engine or radiator, which ever is the highest to allow steam or trapped air to vent into the tank, if the radiator and the block are both high, but the water has to flow down hill to get from one to the other, then a vent must be provided from both.
when filling the cooling system, leave the cap off the header tank to allow the water to fill the system and turn on the heater, when its full, start the engine and keep filling, now check the level hot, it probably will overflow, do not worry about this, its normal.
fit the cap, say a 15lb. cap, if you have a cap on the radiator then it should be at least 5lbs. higher than the one on the tank.
now the system is sealed up to 15lbs. of pressure.
the tank will probably have an overflow hose spigot next to the cap, leave this open, you may fit a hose to it to vent off any excess water to the ground, so that if the system boils or you overheat the engine, the water has somewhere to go or it will blow a hose off.
should you have an open catch tank for coolant to vent into, with an open lid, and you boil the engine, it will not contain the spill, and any decent scrutineer will not pass your car for the track.
i have come across this in NHRA, the answer was to fit a steel pipe into a primary header tube, just down from the port, this way the vented water is blown down the exhaust and vaporized so will not wet the track.
incidentally, with an alcohol dragster and zoomies, when the water starts to appear at the end of the pipe, its just the right temp to stage the car for a run.
here is my tank from Jegs
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