I did an experiment with aluminum foil to see if the temp would be reduced. Didn't make too much difference.
When I have the time and $$, I'm going to try rerouting the exhaust and using an external muffler. The stock muffler (even though it has an insulated cover) is on about 2" from the tank.
The engine compartment therefore is very hot!
The current solution is to not work midday on hot summer days. That 'fix' has been easy to implement!
I've experimented with different gas caps; vented allowing sometimes furious boiling, but seems OK.
Unvented stops the problem, but I removed the cap one warm day (with the engine cover open - tank about 1/3 fuel, and a 10' geyser of boiling fuel shot out for about 2 seconds. Frightening, but no fire or damage.
Power-Trac has no comment or fix, other than 'they've never heard of that'.
When I bought the PT, I assumed it would be like the ones in the picture. It's quite different as far as the engine and fuel tank layout.
Sorry to run on, but I'd advise caution with this model that has the tank in the cover.
Otherwise, one the the toughest, simplest tractors I've ever owned!
Mark H.