As reported to the FAA. Reports are unverified, and codes are left as the FAA publishes them.
What was found
FOLLOWING TAKEOFF, AT ABOUT 200 FT, ENGINE FAILED. AIRCRAFT LANDED IN FIELD WITHOUT FURTHER INCIDENT. SUBSEQUENT INSPECTION REVEALED CAM GEAR, WHICH DRIVE BOTH MAGNETO GEARS, HAD SHATTERED. CAM GEAR IS MADE OF MICARTA (FIBER) MATERIAL.