There's a chance I'll run an L8ight in the upcoming vegas race (the Motonica Grand Prix) in the GT class.
It's a largish track and my only fear is that the lack of a 2-speed will hurt it. If I do run it there, I'm intending to gear it up to a 16-tooth clutch bell.
Where I think it will be more competitive is in club racing on small tracks (such as parking lots). But I haven't run it in that setting yet either.
If other people have, I'm curious to hear their impressions.