Lost one on my race bike last year going into T1 at Summit Main...
Man I got Lucky, I was up underneath another rider (and close friend) and as I started my rolling on the power, I noticed I was drifting out and slowing (my friend is about 2 seconds slower than me). Well, I continue rolling throttle and still nothing. At this point I knew I was hosed. I tried to keep the bike over and smooth, raised my hand and got off the racing line and rolled into the grass. It took me a minute to figure out the problem.
I got lucky in MANY ways.
1) I was in traffic and passing underneath. As we all know loss of pwer will cause the bike to run wider, I just missed my friends rear wheel. and Nobody ran into me.
2) The chain broke cleanly on the BOTTOM of the gearing, meaning the front sprocket threw the chain clear of me and the bike - fortunately it didn't hit anyone behinf me.
3) Had the chain broke on the top, a Highside was almost guarenteed
I have never heard of seen a chain get into the spokes, usually it is hung up on the sprocket.
Maintenance will save your chain for a while.
Don't be cheap when your chain is worn out and just remove a link and keep going - Chain breaks on track with experienced riders are usually very nasty - street breaks are MUCH worse.
And if your chain breaks on you and you have no issues, buy a lottery ticket.