No offense motor_bike_fanatic, but I'm inclined to agree w/mobbin in general...
Even assuming the HT is a solid 2hp & this "gp50" is actually 9hp, we're talkin' about 4.5x the ponies... which given some crannies have been known for structural failures even w/just the HT (chainstay fracturing), has got to make you pause for a moment to consider the possibilities.
At "9hp" this isn't an engine I would recommend to
anyone for general motorized bicycle use, aside from it's legality (assuming race/track) - you'll definitely need fabrication & welding tools & abilities to even mount it as it is not a "kit" in any way, let alone the potential reinforcement even a quality bicycle may need... this defo isn't something to consider if you're wanting a "budget build" as just about every part would have to be reviewed & considered for upgrade - rims, spokes, hubs, sprocket adapter, brakes, forks & bearings come to mind, and that's prolly somewhere between 500 & 1000 bucks in just bicycle components alone. An interesting example for perspective is
just a replacement cylinder head for this engine costs the same as a brand new Huffy Cranbrook in it's entirety... well, the head is $4 cheaper, but still...
Please don't think I'm being dismissive or defeatist, it's just while $480 is a bit rich for a clone engine - if you're gonna spend that kind of cash on a motor for a bicycle, you might as well spend the money needed to make sure you've a bike that can take it, not only for your safety but to protect your investment... at the least, it'd be a real disappointment to get the thing going only to have it rip apart under you.
The least expensive bicycle I'd personally consider for a "racing" engine like this would be the
Worksman Industrial Newsboy & even still, it'd be just a base platform pending modification for structural integrity & component upgrades & again, that requires both your pennies and welding capabilities... if you're interested in finding out more specific information regarding what's needed - I'd suggest checking out the Morini section & their 9-12hp creations to see what they've learned through their trials & tribulations - like spending 3-400 dollars on just a rear hub only to still have it fail...
Such are the costs of experimentation & racing