Hi Guys, it's all good.
I am using a race foil with old formula boards and slalom sails until I decide if Foil Racing is for me. I do enjoy the race foil in light wind but as the wind picks up things get a bit scary.

. Then I much prefer fin/slapper mode.
In reference to the above comments.....
I made a decision based on the fact that the spacer was putting load on the deck of the board /top of fin box causing damage around the front screw hole. Using the foil without a spacer puts load on the fin box tapers, causing it to collapse due to the forward rotation of the foil head within the box. So either way is a potential problem depending on fin box strength. A fin box is made for fins.!!!!
The foil head will be Ok, it is slightly rounded at the front bottom and top rear corners.
I now know that the foil head must be fully seated and supported at the top, as stated by others. A foil box is required for this.
For now will use an older Mistral Devil formula board with a spacer. (Noting that it has some previous slight fin box damage).
Going forward there are options of varying cost..
Repair fin box and fill the void with resin/Q cells mix. See how long this lasts.
Replace the HWR formula board's fin box with a foil box. Others have done this and are still competitive in the races.
Purchase a foil board. Expensive, not many around and tend to get smashed up anyway.
Just enjoy your sailing when you can with whatever gear you have.
Ian