I have the same concerns, starting to bring my car to HPDE's but I do not want to deal the melted brake pads or even a crash from loss of brakes. After doing a lot of reading it seems that there is no such thing as an effective track pad that you can live with on the street-too much noise, poor cold braking performance and excessive rotor wear. So I went with Carbotech pads http://www.ctbrakes.com/brake-compounds.asp
which I will install this weekend along with Ate Blue fluid. I will just take the pads off in a few weeks when I am done with HPDE's for this year. Good luck.