As former motorcycle industry guy and motorcycle roadracer, and a current racer of an older GSXR 1000 powered Radical D sports racer I can offer a little of what I've learned through experience. Some of which was the painful and/or expensive variety.
Chains and sprockets can be cheap. Good chains and sprockets are never cheap. Actually, cheap is relative. A cheap chain for example, which in the process of failure wraps around the countershaft sprocket and takes the engine cases, and due to a huge force input to both the shift shaft and countershaft destroys the transmission? Not so cheap anymore.
Modern liter bike all use top-quality 630 O (or X) ring chains, generally from Tsubaki, RK, EK, and Regina. Sprockets are generally hardened steel up front and cad-plated steel in the rear. Racers like aluminum rear sprockets to save unsprung+rotating weight. Sprocket Specialists is good for oddball applications (ie they can make to your print) and Vortex is good for common applications.
A couple things to consider:
- A modern 1k cc bike is 450# + rider.
- Motorcycles have rubber isolaters between the sprocket carrier and rear wheel called "cush drives". These smooth out all the snatching and jerking and go far to prolong driveline lifespan.
- My radical scales 1220 pounds with me in a sweaty driving suit + post race remaining fuel load.
- It has no cush drive, and at paddock or pace lap speeds the snatching and bucking is ~violent~. I can practically feel the gazillions of pounds of force snatching back and forth where the countershaft sprocket teeth interface with the rollers of the chain.
I'm using a stock steel countershaft sprocket, the heaviest duty Tsubaki 630 chain, and have a bunch of aluminum split sprockets to effect changes with the diff in the car.
Non-O ring chains will fling all the lube out in minutes and run incredibly hot. I believe Kevin Cameron recently wrote in Cycle World about this phenomenon as it related to open-chain primary drives on British bikes in the dark ages. A drip oiler was good for 5hp or something.
The tensile rating of modern chains is pretty amazing, and kept clean they wear very well. Chail lube is only for the contact points of rollers and links - I used Motorex for years, but recently ran out and switched to Motul. Apply when the chain is hot - allow to cool before use. I lube when I prep the car, again after qualifying, and after the Saturday race. I clean the chain with WD40 on a shop rag + a brush during pre-race prep.
I'd suggest Bike Bandit or Ron Ayers for chains and countershaft sprockets, measure the flange the chain will go on and contact Sprocket Specialists for help there.
BTW - I just bought an EK O-ring chain, a steel OEM equivalent front and Sprocket Specialist rear sprocket to convert my Yamaha RD400 Daytona to 520 sized driveleine. The whole deal was about $175.