Hi all, thought I would post my findings with this problem recently for your reference in case you come across this issue. I have read this similar problem before on this forum but did not find a conclusive answer from the threads. I have a 2012 8V sport. Had it since new and just ticked over 45000Km's. Recently I started to notice that when the oil was very hot and stopped at traffic lights, low oil pressure light would intermittently come on after a say 10 seconds of idling? I asked around and nobody had the perfect answer locally and there was some discussion on the guzzitech forum but nothing conclusive. So I took the oil pressure switch off and tested with a hand calibrator and it was switching at its designed setpoint of approx. 3.5PSI or there abouts? So I went a little further hoping I might find something in the bottom end rather than conceding it must be the pump? I took the oil pan off and the oil pick ups, then the flange holding the oil relief valve and oil radiator thermostatic valve. What I found was that the second gasket on the top of the flange that mates with the bottom of the crankcase had partially failed around the main oil gantry to the top of the engine and was bleeding oil back into the sump through the failed flange. So at low RPM with hot oil, the pressure was very low at the top of the engine and the oil pressure warning light would come on and then a couple of seconds later the Aladins lamp would come on the digtal dash.
So I replaced the flange gasket and the pan gasket and torqued up to spec (lucky Tom Newell had both in stock! Thanks Tom....) , replaced the filter and refilled with oil..... presto, back up to normal oil pressure at the top of the engine at idle and no more low pressure oil light!
Cost me $25.00 for a couple of gaskets from Tom (and a whole weekend performing a lobotomy)
Anyway enjoy! Glad I nailed it.
Cheers Paul.