Had a similar deal on a Duster BB street car.
It already had the 3/4" relocation but was still too tight with 5.50" BS & 275s.
5.00" BS would have worked perfectly but that's not commonly found.
I eventually ran a 4.50" BS 15x8. Tires were just inside the outer wheel opening.
Often a 28" tire gets pretty close at the front of the opening, too.
If it was a lower-powered street car with studs, a 1/2" spacer would work with the 5.50 BS.
But that thing made 600 ft lbs...
By the same token, the racecar has always had .250" spacers and they've never been a problem (low 10s).