Timing Chain
There are rare cases where they snap, but that usually manifests itself earlier in the motor's life. Significant stretch may throw off the cam timing and affect idle quality and power output.
If you're going to take the motor apart, do the chain since it's cheap. But don't take a motor apart just to do the chain, not worth the effort.
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It is just too bad that you are expressing an opinion about how "real" race cars are equipped and that if you don't have a clutch you don't have a "real" race car
...definitely opinion 
I will stop here because it could get out of control

It is fun to banter a little though






