lose your licence?
almost definitely yes
its a bit like getting caught on a motocross bike which also depends on how many of the various infringements they actually do you for!
asides from the obvious tax & insurance you could also be shafted for bald tyres non type approved vehicle etc
plus the obvious speeding, have you driven one before?
they are MENTAL!

plus don't try & get round the tyre issue by using wets as you'd melt a set in 10 minutes in the dry