I got my daily driver VW 1.8t cheap because of an oil related failure. The previous owner neglected the oil changes, used greed bottle quaker state with wax and didn't maintain the oil level. Eventually most of the oil evaporated out and left black sludge peaces on everything clogging the pick up screen. The turbo had failed in the process.
I've had five 90's civic engines fail because the oil doesn't drain down from the head fast enough when you push the revs higher than stock on a modded set up: cams, head, exhaust etc., with the stock oil quantity in the crank case and not running a high hths oil. By design, the civic sohc allowed #4 cylinder to heat up first squeezing out the oil film on the connecting rod journal. Failures occurred from several issues, a failure from either too thin an oil for the application, sucking the pan dry with a high volume oil pump, being foolish and running thick oil additives that slowed the oil circulation and watered down the oils additive package, or having a rich tune that diluted the oil with fuel and the resulting film strength failed under extreme load.
I had a friends civic D-series sohc fail because of main bearings worn past the babbit/lead and we took it for 5 pulls right after each other during a tuning session. He had conventional oil too thin for the application that heated up into it's intermittent heat range when it starts to turn into a gas and stop being a liquid. With worn main bearing, he could have had a compromised oil pressure to the journal bearings.
I sustained severe engine damage on an 89 Ford Probe GL back in 1998 from low oil level because it leaked quickly not checking it soon enough and red-lining it often. There was a lot of metal in the filter and it burned oil real bad after that with 175K miles on the engine.