If the motor you are swapping in is all stock (not modified), then the points are determined by section III. L of the
Driving Event Rules.
You determine the HP of the new engine according to it's Type # and subtract the HP of the original engine for your '74 according to it's Type #, and determine the point penalty for the modification according to the delta between them. Without knowing which motor you have in your '74 and which Carrera 3.2 you are swapping in, I can't tell for sure, but you are liable to have either 12 or 16 points from the swap-worst case would be 20. If the HP delta is more than 50, it is 16 points. 50 or less, and it is 12 points. If you have the 165 HP US-spec 2.7 911S engine in your car and swap in the 207 HP US-spec Carrera 3.2 engine, for instance, it would be 12 points (207-165=42 HP.) If you have the 150 HP 2.7 and swap in a 217 HP '87-89 3.2, it would be 16 points (217-150=67 HP.) If you used the 231 Euro version of the 3.2, you could go as high as 20 points, as that would be an 81 HP delta from a stock 150 HP, and the next cutoff is 75 HP difference.
TT