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You are correct, but the American term "drop spindle" refers to the type of spindle you'd use if "dropping" or lowering your car, whether it be a pickup truck or VW. Backwards for sure, but a lot of people know what you mean when you say it .
OK, back to race car pics!
You mean like the drop spindles I had on my sweet a$$ lowered dually for pulling my flat bottom? 😆