Rich said it best. As a starting racer, unless you are a one in a million rider, you will not ride any bike to its potential on the mx track. The bike does not have to be fast, it has to be reliable and handle well. My vote is for a well kept 125 2 stroke. Since you have an 85, the 2 stroke power will not be alien to you, as it would be for someone moving up from a 4-stroke playbike (ttr, etc). Recently, my son was smoking a guy on a 450 at the track on his 125 (the day he figured out what I am trying to tell you). It all comes down to rider skill at the junior level. It has nothing to do whatsoever with bike. Period. A two stroke will be easier to maintain, generally, than a used 4 stroke racebike. Like most young people you are all caught up in "bling". Forget that crap and be realistic. Racing is expensive. A good 125 will be less expensive than a 250f in the long haul. The Yamaha is supposed to be the best 125. I haven't ridden one, but I sure know there is nothing wrong with a Honda or KTM 125 either. Probably nothing wrong with any of them. It's all about set-up. :)
my 2c