Can't help feeling that the basic premise doesn't hold up and he even touches on it in the only entry in his build blog; if you really want high performance and fast cornering and fast lap times then the most effective improvement to a three wheeler is a fourth wheel. All that extra traction and grip will make all the difference. I've had my M3W out on track and while it was a bit of a laugh it's much more suited to the road where its low limits of traction and grip make it great fun and you get to drive hard without the high speeds of ostensibly (and objectively) better cars. If I had the inclination and spare cash to be out on track regularly I would be doing it in something along the lines of a Caterham or Atom or similar four wheeled toys and that's not to take anything away from those who race their three wheelers against other three wheelers, you can race anything and have great fun so long as there are others out racing against you in something similar. I don't see there being many who would spend their money on it if it does actually get built.