The most important questions concerning racing seems to be the ones you are missing. I haven't heard any questions concerning costs. It takes lots of cash to race and be competitive.
It also appears you have no concept as to what you have to accomplish before you will be allowed into the Novice class much less get your race license. You can't just attend a one day race school and get your race license. It doesn't work that way. I know guys who spent 3 years in the novice class and still have not received their race license.
You won't get your license until your lap times are close enough to race pace not to be a threat to the guys who are fast. Becoming fast is a learning curve that takes time. You won't be romping the track like the guys who have been at it for ten years. When you get out on your first track day, the fast guys will pass you with such authority you'll get the fairing sucked off your busa.
For goodness sake, take your busa to the track and do a few track days. The season is not over yet, sign up and get a little experience. You can still get in several track days before the snow flies. You will undoubtably crash a few times before you get anywhere near race pace.
I don't know why, but for whatever reason stunters rarely make good racers. Get your feet wet at the track this fall. You'll have some experience to work with during the winter when making decisions as to what and how you want to proceed in the spring.
One final point. You may think you are pretty clever on a bike now but I can assure you, you'll be humbled on your first track day. If you have doubts, ask any track day enthusiast, that first day is a real eye opener.
I'd love to see you on the track. Just a few track days will make you a much better and safer rider on both street and track. You are getting your cart before your horse. Do a few track days before you decide you are race ready. Your busa will work just fine for your introduction to the track.
Get a decent set of leathers, this I am sure of
All my other advice is my own haphazard experiences.