possible cause
Ive downloaded the spare parts manual and I'm amazed they are still using the 1098 type oil pressure switch which is located close to the front headers, these sender units are prone to failing !mine did and it cost me a crank others here have had it happen too. I now throw them away and install a new UK part which I might add is the same as all pre 1098 bikes thats monsters,748,996,998 etc a single male blade connector that the female wire blade connects to. If it failed hot oil on hot headers! well you be the judge. Before I ride mine its gone not trusting them on a race track.