Originally Posted by outlaws justice
Well having ridden the track in the rain, when you push too hard you can and will override your tires. Mind you I Was not riding with "Rain" tires as I was just there on a street bike having some fun. I thought I had dialed it back a notch or two but once you are out on the track you just keep pushing a little more, and a little more. I did not crash but when that bike starts to slide out you know you have reached the traction limits.
I've ridden track days in the rain on DOT tires. Not a big deal. You just ride a lot slower and are gentle with controls. As others have said, modern high silica tires are remarkable in the wet. I guess that's why they have such a short life.