No there isn't enough light, the optimal slowest shutter speed on this smaller track is about 1/360. It isn't just a simple pan shot due to all the bouncing around, for example when I have shot Road Racing I was able to shoot with a much slower shutter speed (down to 1/100) because the track surface was very smooth and the riders aren't moving around on the bikes as much. combine that with the fact tha the tracks are lit very unevenly and it just makes it impossible to do it without a flash.
But to make you feel better here is a motion shot, or two.
On a mile track they are hitting 130mph
This little one is only doing 30mph
And into the turns on a 1/2 mile track at about 80mph
