That sounds like part of TCS circuit which is probably been disabled. Anyway it's not part of the ignition circuit. Do you have a meter or at least a test light. If not you're just shooting in the dark. You need one or the other to figure out whats going on. Start at the neutral safety switch and see if you have 12v while trying to start the engine. Then go one way or the other from there depending on whether you have 12v at the switch or not.
Like I said, you really need a meter. Then it's just a matter of stepping through the circuit seeing where you have 12v and where you don't.
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Hank
70 Chevelle SS396(454), M20, 3.73
My Chevelle
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