well, yeah, there's racing and then theres racing.
everybody gets into it for different reasons
i can say from my tiny little bit of trackday/race experience that its really tempting to get all jazzed up and put all your effort into the machine and not put the effort into the physical strength and training.
if you took whatever mild kitted daily rider you've got and ran cones in a parking lot for 3 hours every weekend from now until the race, you'd probably finish higher than what you're building right now.
but maybe thats not why you're into it.
a couple years ago i put all my other 'race' dreams on hold and bought a crappy 20 year old dirtbike and just ride it and do maintenance, no performance parts, no tricky shit... its made me a better rider than all the other stuff combined, maybe someday i'll get back into the moped racing thing but for now i'm working on mah skillz.... its kinda like anything from learning guitar to whatever else you want to do, the practice and mastering of a skill is its own reward even if you never win.