Well guys, the foam gasket that is between the intake grate and pump fell out. Now the bike just winds out when trying to get out the hole. I have to give it just a little gas and it takes forever to get out the hole. I took off the intake grate and that plate that is after that. I filled this space up with 5200 instead of putting a new foam gasket. Will this hold up and fix my problem? I haven't had a chance to try it yet.

yes

If you have been doing "burn outs" for a while you probably smoked your impeller blades (front part of the impeller on the end of the blades) and possibly your impeller liner.

You may want to check these two components.