Anyone had this happen?

Picked up my new Ryker Rally yesterday. All 75 miles home, very conservative driving mostly interstate, great ride, no problems. But next to my house is a wide open area where it's safe to practice handling so I practiced that, working gradually up to the limits. Did some panic stop practice as well. Last five minutes was constant max hard turns in both directions. Then parked bike and a big cloud of burning oil smoke surrounded me. It was burning off the muffler and dripping from bottom of machine, left small puddle on floor. Can't see where oil is coming out.

Dealer said not to ride and picked it up this morning. Will post when I know more.