Thermocouples are made from two different type of wires, that is what causes it to emit a voltage when heated up. The thermocouples used for karts are made the same way except the end of the thermocouple is then place in or connected to a ring around the spark plug, where the thermocouple is attached is where the temp is being measured. Some times the weld of the two different wires come apart at the weld of those two wires, that has to be re-welded then it has to be reinserted back into the ring that goes under the plug. Other times the thermocouple its self becomes corroded where its attached to the ring or breaks there that is the easiest fix, just remember where ever you attach the end of the thermocouple that is where the temp is being measured.
Just keep in mind wherever those two different wires first touch each other(the thermocouple junction) is where the temp is being measured.