Recently bought this plane at our local auction but don't know what it is. It is a fiberglass fuse with a 42.5" wingspan. Fuse length is 30" nose to tip of rudder.

It's probably one of the .15 size Quarter Midgets. That event went away about 20 years ago. I suggest you take some profile shots of the fuselage, and re-post in the pylon thread,

Thank you Greg I will get some more pictures and post over there.