Hi Simon -- and (potentially) welcome to our addictive little sport.
Rob and Jeff have probably filled you in, but most answers to beginner questions can be found at
http://www.wscc.co.uk/download/Beginners-Guide-2011.pdf.
I'm afraid that, if your preferred measure is track time per pound spent, you are going to be stuck with track days for ever. As Rob points out, sprinting is a different (and more concentrated) discipline from racing.
I assume you are south of the Thames, but there are many different championships available if you are prepared to do a little travel. Essentially, though, there are three types of course on which "speed events" are run: racing circuits (Brands, Lydden, Silverstone, etc.), improvised circuits (often marked out on an airfield with traffic cones), and hills (frequently using the service roads of country estates). Each championship has a different mix of these three types, and each type requires slightly different disciplines. Circuits tend to have the highest speeds (at Brands, for instance, there are no "second gear" corners and you can hit 120mph in a 1600 kit-car; Goodwood is just insane) and are generally wide enough to require a lot of decisions on "the optimal line". Airfields tend to be bumpier, dirtier, more difficult to see to judge the line (they are flat, by definition), and a bit slower (there are exceptions: Honington) -- but they are generally much cheaper. Hills tend to be narrow and less fast (not slow), and feature tight corners; there is often no run-off so most drivers try to take fewer risks. See Jeff's youtubage of Brands and Debden for a comparison of the first two types.
Because there are not that many "proper" circuits around, most local/regional championships tend to use a good proportion of improvised tracks. National championships offer a broader range of tracks, but require more travel.
Oddly (for a Striker owner), my preference has always been the Westfield SCC "Speed Series". You may understand if I list the 2011 venues...
Castle Combe (circuit)
Gurston Down (hill)
Silverstone
Goodwood
Aintree (circuit)
Harewood (hill)
MIRA (Motor Industry Research Association test track)
Wiscombe (hill)
Snetterton (circuit)
Pembrey (circuit)
Curborough (purpose built sprint track)
Shelsley Walsh (hill)
Three Sisters (big purpose built Kart track)
Llandow (circuit)
Hethel (Lotus Cars test track)
Lydden
Ty Croes (circuit)
Brands Hatch
Loton Park (hill)
Thoresby Park (all the usual features of a hill, except gradient!)
You can find good footage of all these except MIRA and Hethel (camera bans) on the web.
One small tip though: you can try the sprint format with Javelin Trackdays, who run some "single lap, one at a time, against the clock" days under the title of "sprint format" or "RWYB". They are non-competitive, but you get a lot of runs (20-30) in a day for your money -- and you'll soon discover the addiction of trying to shave half a second off your best time.
HTH
David