I would do 2A. You already have a track car that you know well, and have top shelf parts in it. You'll end up with having a bullet proof VQ motor.
Buying another track car. Who knows what you might get in to with it. It could be more $$$ then you think in the long run.
Doing the GM motor swap. Sounds good when you talk about. But it will take time and $$$ to finish it. And you could lose your feeling for the sport while doing the swap.
You will never get you money back out of it when selling your parts. And time you've put in to it also. Unless you want out of the sport all together.
You and everone else that tracks a car should know that broken parts is part of the game. You always hope that it will never happen to you. But when it does. Be prepared to bit the bullet.
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