I'm not sure what that "O" ring is for? Maybe there is a port on the motorcycle but it not needed on the sled? How these slides work is as the volicity of air passes through the venturi, it creates a vacum. The vacum goes up through the slide into the top of the carb where that diaphram is. The greater the vacum the higher it pulls the slide up. The spring controls how high the slide goes. They use this type of carb on motorcycles to smoothen out the throttle response. If you put a regular flat slide carb on a motorcycle with this type of motor, it would be kind of jerky to ride. Every time you hit bumps on the road and you bumped the throttle the bike would jerk. However on a sled this would be a plus. I believe the reason that didn't use regular flat slides on this sled was for clearance reasons under the hood. These carbs are pretty short. Or maybe because they just work so it was easier then re-inventing the wheel?