Heat wrap & oil leak?

[freakinheat]

I went over my buddies house today. Quick 10 minute ride. Alot of hard accelarating.
When I got off the bike, there was something smoking, what it looked like the right side(if seated on the bike)?
Does anyone have any clue what this could have been from?

My headers are wrapped with heat wrap. And I once did get oil on the wrap, but that was all burned off.
Does anyone know what this could be?

[tlfreek]

look at your clutch shaft seal and front sprocket seal. also look at your fairing. If you installed an after market exhaust system your plastic could be melting.

I;ve experienced all of the above.