Wouldn't worry about the teeth stripping of at the crank, that is where most do it. Think about it, the crank gear is where the power to turn the belt comes from. Valvetrain, compression, etc keep the belt from turning, so the crank gear has to force the belt around, so naturally the first failure point.
With the belt off, turn everything by hand and look for unusual tightness or seizure. Otherwise, belt just got old and failed. One of mine did it 20 miles from the shootou, stripped the teeth at the crank. Had it back up and running in 20 minutes with 2 slightly bent intake valves. Still ran, just misfired until it got under boost. Drove it around for the whole event (was hoping to race it) and back to Ft. Wayne. Then we changed the bent valves, and drove the other 800 miles back home.
Wiz