THIS NEEDS A CHAPTER IN A BOOK
The last words will not be "The End", but "Don't make the same mistake the first time."
Their are a number of very good reasons to not build it the way you propose.
Kent touched on some of the operator reasons and there are many more.
Take rider position for example.
If your head is at the limit of it's travel in an unnatural position, what is going to happen when you crash ?
If the mass of your body is allowed to surge forward, even if restrained every way there is, you will break your neck.
The limited visibility of the liner that was mentioned has already resulted in a near miss at El Mirage that has caused considerable concern.
The required construction methods are minimums and stress skin or supplemented by other methods is allowed and encouraged.
Kent has the remains of a bike designed liner that crashed well over 300 mph and it is a good lesson on survivability.
The largest part was the rider compartment and he went on to make LSR history at speeds more than 100 mph faster.