The figure I gave you was for a 2 rider team in stock class, the cost was for bikes, truck. Workshop.. Repairs to bikesand so on...not a big hospitality job.
They then moved into superbike class and cost was then 900k before recouping 200 in sponsorshp. Each bike alone was 110k to build to competitive spec.
I take it you don't expect your rider to ever crash.???