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I would think there is more to a patched tire than just air loss. There could be structural damage to the cords and plys of the tire.
I would save the tire for street use, but never on the track.
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Peppy
2011 BMW 335d
1988 Targa 3.4 
2001 Jetta TDI dead
1982 Chevette Diesel SOLD 
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