I did a little research to see if there was any such "casual" racing going on in my area, starting with the Toronto Bicycle Network (TBN.ca). It turns out that they are strictly a touring club, but I was pointed in the direction of the Midweek Cycling Club in Mississauga. I took a look at their website and sure enough, it does seem as if they offer the kind of racing I'm looking for. My only problem is the mid-week part. With work commitments, making it to Mississauga in time for an evening race would be tough if not impossible. I do have to read their site a little more closely to see if there are any weekend events that are up my alley, but for now that idea is on hold.
I have to say I'm really looking forward to it. Should be fun and it gives me something else to focus on beyond my ride on the 7th. As for the racing, I'll keep looking for something my speed and keep you posted. I sure would like to win one of those nice red participation ribbons that the guys who come in last get.