if the crank seals are leaking, or the carb boots, it will bog and overheat,. I have had brand new seals go bad, adding grease to the inside of the seals help them last longer and prevent dry running on the first startup.
Did you use an Invader hood? there is air ducting to force air through the radiator and it needs to exit behind the windshield (it has to be on there) Also check the thermostat, it needs to be there too but not stuck closed.
The nature of the beast, it needs to move to cool off. The tunnel cooler only works when it has cold air or snow against it to cool the coolant, the radiator only works when air is flowing through it.