I currently run a durango 210 with a 8.5 motor and a durango 410 with a 6.5 motor which is far too quick for our track.
I'd say you need to be looking for a 10.5 or 8.5 motor - both should be fine.
Battery wise yes LIPO's are the ONLY way to go, and you can pick up a charger off ebay for less than £25 - don't bother getting an expensive charger as they're pretty much all the same.
If you're after batteries i'd say go for some with a decent capacity like 5000mah, you'll be able to run a whole night on 2 packs easily (i get 3 races on 1 pack) - just don't buy "vampire racing" batteries.
Really you need to pop down the club one night and sort out what you need and where to get it from. We've lots of VERY experienced racers who can help you out and point you in the right direction and make sure you don't buy something you don't need.
