The 848 could be cheap racing - buy the bike with all the extras and sell them on immediately if you don't need them, could pay for the exhaust and fairing. Put the road gear in the loft. Race for a year with a race exhaust and fairing. Sell it on as a race bike if the series continues or put it back on the road and sell the fairing and exhaust. (it'll have quite low milage if you only do practice and race 8 rounds).
One careful owner
WeeJohnyB