SSS, I had a peg issue kinda like that many moons ago. I was at 7-10 Drag Strip near Pembroke NC doing a match race and was asked to ride a friends Kawasaki 750 2 stroke Triple.. Do you remember those wicked bikes? I launched hard front wheel got big air, came down for shift to second and no peg in sight, it folded up and stuck,, hmm, I found the shifter and and made it, but darn was it NOT FUN...
Guess the moral of the stories are,, ride the bike before you race the bike...