Hey mate.
As the original poster I have had very lengthy discussions with DOTARS in regard to this. Yes, you are right it can be done – However it would have be a very (and I mean very) extraordinary circumstances that they would allow me to import a race only import with no CAMS or ANDRA license at all.
I would have to prove I have been in motor sport in the past, outlining what I have done when I did it, not just fluffed around in club days from forums and basically right an essay on its indented use where/what and how I would be transporting it, if I couldn’t convince them they said no go.
I have held/have a Level 2 Speed (2S) licence and as long as I can prove and satisfy the criteria they would “consider it”.
It was suggested I possibly look into importing a vehicle under the exhibition scheme for a private collection… However obviously DOTARS couldn’t confirm or deny much, however going to at least one race met would satisfy their criteria on “showing” the car.
This is just from what I’ve been told from DOTARS. I’m sure it change’s every time someone calls.