Hi,
The coolant temperature sensor is the likely cause of the no start. If it is indicating -40° F, it's dumping fuel to the engine to run in extreme cold temperatures.
Now, anytime I have had this happen, the sensor was bad. However, you indicated the sensor was replaced. So, we need to check it to determine if the sensor is bad or there is excessive resistance in the wiring to it, or the plug itself.
If you look at the attached pic, it shows what the resistance should be based on temp. Before going crazy and testing it, reconfirm there is no wiring damage and the connector is tight, clean, and there is no damage to the connector.
https://www.2carpros.com/articles/how-to-use-a-voltmeter
Also, just to confirm we are referring to the same part, it is located in the crossover pipe. See pic 2
Because of the sensor's location, I hate to say it, but it will be easier to remove it for checking unless you can access it to check resistance.
The only other thing I'm concerned about is the connection at the cam sensor. You indicated it was taped. Make sure that everything is properly put back together and shielded.
To shed some light on my rational for the not running condition is simple. You have two codes. From experience, I know if the ECT is indicating -40, either the engine will not start or be running extremely rich if the ambient temp isn't as indicated. If you pull a plug after trying to start it, chances are it will be wet with fuel. Now as far as the cam sensor code, the reason I don't feel that is causing a no start condition is because the system is designed to still run in a default mode even if the crank sensor fails. The only thing that will cause a no start related to the cam sensor would be if there was no crankshaft position sensor signal. Then it wouldn't run. An easy way to check for a crank signal is simple. Using your live data scanner, see if there is an RPM signal when cranking the engine. If there isn't one, chances are the crankshaft position sensor has failed. If you can't read an RPM signal, check to see if there is spark to the plugs.
Here is a link that shows how to check for spark:
https://www.2carpros.com/articles/how-to-test-an-ignition-system
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Okay, I hope this all makes sense. Let me know what you find or if you have other questions. I'll be here.
Take care,
Joe
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Tuesday, April 14th, 2020 AT 7:14 PM