There are already tools that let you redesign and reallocate points for things ...

If you're redesigning the race wizard points, you don't HAVE to completely understand how they're assigned now, right? You can just be close (or not!).

You can also accomplish almost exactly what you want with no coding within a handicapping system. Pick an arbitrary amount of points that must be left over in the race wizard and use handicapping.

The race data itself is, I think, completely understood. I can already read (and display) the information out of a .r file (thanks to Raptor's work), and modify everything in it, including password. So that's possible now.

What could be interesting is a game where you're allowed to design races with no points limit at all. . .