This is an ex concession kart, with internal gear reduction and a wet clutch. You’ll have some work cut out for you setting this up with a #40 chain and new engine. The goal is to fit as much sprocket as possible in your space.
I want to make something very clear. 6:1 is not a magic ratio, it is perfect for large tires and off-road karts but with small tires, a higher gear ratio is needed. Playing with the speed calculator on the “all the way home page can get you somewhere but it’s not gonna tell you everything.
You want to go clutch or CVT? What’s your driving surface?