doing 50 miles per hour is all well and good but not a one of these engines will last very long like that. My suggestions would be to correct the transfers by putting little ramps on the top of the piston, polishing the exhaust port, balancing your crank, putting an aftermarket CDI on it, and putting a good quality expansion chamber on it (not a cheapo from ebay, you want something like a CR80 expansion chamber (not bolt on) or an arrow snake pipe (bolt on). Any crazier than that will kill your reliability
and of course nothing will get you around a track faster than good brakes, so if you splurge anywhere make it there. it's good for both safety and lap times.