The pilot was returning from a flight to the local training area and following a normal approach to land into wind, he flared the aircraft for a wheeler landing. During the landing roll the tail wheel was held off the ground until elevator control became ineffective. Before the tailwheel contacted the ground, the pilot relaxed his attention and the aircraft commenced to swing to the right resulting in a ground loop. The left main landing gear oleo fractured and the left wing impacted the ground. There were no pre-existing defects with the aircraft which could have contributed to the accident.