I can see that the badge might be a carry over from an old batch, especially if that was the year that they started using aluminum badges. I don’t think the bike had hand brakes there are no marks/scratches on the handlebars to suggest that and the holes in the fork I believe is for mounting the fender. I know it possible for parts to be switched out therefore making it harder to identify bike, but if this bike had gears wouldn’t have an area on the frame to guide the gear cable through down by the cranks. I don’t see one. That’s what makes me believe it’s supposed to be a coaster brake model.
By the way do you know where I should look to get fenders for it. I know the traveler had a fin on top of the front fender. Do the racers have the same fenders as the Racer?