I just picked up an 88 formula and when I drive it I can hear the brakes dragging . The car seems to track straight so I think its on both sides. The car sat for 2 years with the parking brake on so I thought loosening it would help because my 86 gt had the same problem. It didn't work. The brakes still drag so I'm thinking its the calipers. They don't stop the car but they clamp down enough to make noise. It doesn't really affect drivability but when something isn't perfect on my cars I have to fix it. Do you think its just the calipers needing replacement? Its a lot of money to spend and I don't want to be wrong.