As LRP recently made an update to the LRP SXX TC the price of the old LRP SXX TC dropped. You can see them now selling for about 225 US dollars on eBay, which is good value for money.
Another option would be a Novak GTB. I know they (Novak 1710and 1711) are not the latest but they have two things I value. First they are water protected, which is more than you can say for most current racing ESCs. Second, you can have reverse. During practice reverse can be useful.
Getting a (new or used) GTB will not cost that much either (new are around 165 US dollars on eBay), but still get you a sensored no-limit ESC that can be used for racing. Keep in mind that many Oople members are experienced racers that need the latest and that as a beginner you really do not need to use the latest revision of the hottest ESC.
I use a GTB with a Nosram X-12 6.5T in my 4WD and a Tamiya Volac BL2 (LRP SXX TC) with a Tamiya Transpeed 8.5T (LPR X-12) in my 2WD.
Regarding batteries, get one that is on the BRCA-list. Intellect are very cheap from Asia and a popular choice. I know the EFRA battery list includes size, so you can make sure they fit in your car. A saddle pack can be a good idea as they fit more cars than stick packs do. That can be good to keep in mind if you get hooked and later on want to move up to a race spec 4WD. If you cannot get one that fits your car, check out the ones with rounded edges that sosidge mentions. Team Orion, Intellect and other quality makers have them.
Why not put in a wanted ad here in the trades section? Buying a used comby will save you some money that you can spend on getting more batteries, which mean more drive time.
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The Tamiya Sheep
Various Tamiyas including TRF201 and TRF511
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