Can't remember the forum offhand, but I do recall a seeing a post from someone close to that team in SA in reply to one such such thread. He noted that same bike was rebuilt and back on track the next weekend. So much for down for good!
Send any bike flipping off course at 100mph+ and you're going to tear lots of peripheral stuff up or off; fairings, bars, pegs, subframe, etc. With a Panigale there's not much left but the motor, so there you are. That bike ended up with the engine, monocoque (i.e. frame, since that's all the frame it has), tank, whole front end, radiators, & exhaust intact.
Thing that makes it look so dramatic is the rear end being gone; otherwise it's just another bike wreck at the track. That swingarm is a high-ticket item for sure, but I'd say anything with a single sided AL or MG swingarm would snap there if you whack it at the right angle. I think the thing actually is designed to shed parts in a crash to protect the engine. When I first saw the front shock mount in pics, I thought it was seriously flimsy-looking. Then I thought about what it would entail if you tore the shock mounting hole out of the side of the engine, and that little triangular mounting bracket and unsupported front shoulder bolt started making a lot more sense.