There is usually a small hole in the thermostat that allows a little bit of coolant to flow even with the thermostat fully closed. Your original post said that the radiators were cold when he came off of the track. At startup everything is cold and the thermostat will open more and more as it approaches the set temp. If you ride with the thremostat closed, the radiators will still get warm/hot, especiall at track rpm's. The head will expand more in different areas where the actual combustion happens, the coolant removes the excessive heat and keeps all of the head at approx the same temp. Without proper water flow, the center, top of thw head where the valves, especially the exhaust valves get exremely hot and will expand more and faster than the rest causing warping, cracks and the failure of the head gasket. I would see if the waterpump impeller is intact. He may get lucky and just need a head and gasket but with coolant in the oil, the main bearings may be damaged, the head may be cracked or warped or the valve seals may be damaged along with the cam bearings. If he had just been street riding with normal operating rpm there would be a better chance of survival but track rpm and 15 min session times at said RPM, I would not hold much hope for anything but motor replacement/rebuild but some get lucky. You could put a used or new head on and the crank bearings could fail on the next or near future ride. No way to tell how much damage was done without full inspection. Ad this is a track bike, I personally, would not trust taking it out on track again without checking everything but thats just the way I think. Good luck!Not if the thermostat is stuck in the closed position, no coolant can get to the rads.
When I tested it the engine reaches an indicated temp of 105c, the rad fan comes on yet the indicated temp keeps rising to 120 and higher. The rad temps were only 27-28c, the ambient temp was 24c. No hot coolant is going through the rads.
Bear in mind the sensor measuring the temperature is inserted into the thermostat housing but on the radiator side of the thermostat. I’d wager therefore the actual engine temperature is much higher than indicated and the temp sensor is recording the temp as it’s radiated through the thermostat body housing not the coolant temp in the engine itself.
This also explains why, if the rad cap is removed the radiators appear full of coolant.
As I think about this it’s highly likely the coolant in the engine is boiling, the gaseous vapours are escaping through the microscopic crack in the head and condensing where they exit into the spark plug chamber and the valve train/camshaft area.