1. Pricing is your opinion only. Someone asking for lens purchase advice needs facts, and not opinions. I had the Sigma 70-200 2.8 HSM version, and while it was a good lens since I was on a budget a while back ill tell you right now its not as sharp as my current 70-200 2.8 L (IS)
And as far as you saying the 70-200 f/4 would fail in most "non-pro indoor sports /action", I dont think that applies here as the OP stated: He plans on using it largely for motorsports, mostly to get decent pics @ Turner and Gresham and FD when it rolls around.
The 70-200 f/4 would be fine for that, considering his budget and wanting a good quality lens.