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I've been keeping a watch for a 107/C1 lately too. Daughter passed test recently and its about the only thing that has affordable insurance.
As to racing them, I can actually see it. We had a Perdoua Nippa for awhile. Tiny 900cc 3 cylinder Daihatsu engine, but it loved rpm - very Italian and it could be 'driven it like you stole it' and still be within the speed limit. Not as though I did. I got the micky taken out of me at work, but then pointed out for what some were paying for one new car I could have a race grid.
As to racing them, I can actually see it. We had a Perdoua Nippa for awhile. Tiny 900cc 3 cylinder Daihatsu engine, but it loved rpm - very Italian and it could be 'driven it like you stole it' and still be within the speed limit. Not as though I did. I got the micky taken out of me at work, but then pointed out for what some were paying for one new car I could have a race grid.