First Generation R-SYS

A customer (probably) left me with the rear wheel from an R-SYS, or rather, since something was clearly wrong with it I removed it from the frame.
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In the state shown in the image, I've also removed the freewheel body.
They didn't come in specifically to show me this,
but while I was working on the bike maintenance,
I heard a squeaking sound like rusty rear derailleur pulleys
coming from the "freely spinning rear wheel."
In other words, since the pulley isn't rotating,
the pulley isn't the culprit.

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The inside of the freewheel side is rotted, but that's nothing surprising
compared to this customer's (probably) usual care habits and
what was happening on the non-freewheel side.
By the way, it's the same type as the Ridley Helium (→here),
but the bike they rode in on this time was a different one.
Still, it was filthy and covered in mud—same story with the lack of maintenance.
Keep your bikes cleaner, will you?
You've probably already lost race positions because of this kind of sloppy maintenance issues.

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On the non-freewheel side, the original red contact ring (Tora comp ring) was cracked.
Strangely enough, I can't find any of the broken pieces.

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It comes off by hand.
While not quite as bad as shown in the image,
the edge of the C-shaped ring had slightly lifted up

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and was rubbing against the inside of the dust cap with the bearing cone adjustment mechanism—
which turned out to be the source of the squeaking sound.

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I cleaned it.

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I pressed in a new contact ring
and applied silicone grease.

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I did some truing as well,
but it was loose enough that I could have tightened the nipples further,
so I tried to tension it up properly.
However, there were many places where the nipples were seized to the rim,
so I gave up.

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