Hi
The (F1) light on a suzuki applies to fuel injection and it's actually FI, i thought a 1998 GSXR750 was not fuel injected i thought that injection came in 1999. On newer GSXR's their are two faults which triggers this state 1 is a fault with the throttle position sensor and the bike should still run the 2'nd is a serious failure in the fuel injection system and the bike should not be run.You need to find somebody with the diagnostic equipment to find the diagnostic code for your fault.
The other fault! does the meta alarm have an immobiliser? maybe cutting in and stopping the bike running.
Busa Boy
September 2008