We investigate a possible extension of probabilistic well-posedness theory of nonlinear dispersive PDEs with random initial data beyond variance blowup. As a model equation, we study the Benjamin-Bona-Mahony equation (BBM) with Gaussian random initial data. By introducing a suitable vanishing multiplicative renormalization constant on the initial data, we show that solutions to BBM with the renormalized Gaussian random initial data beyond variance blowup converge in law to a solution to the stochastic BBM forced by the derivative of a spatial white noise. By considering alternative renormalization, we show that solutions to the renormalized BBM with the frequency-truncated Gaussian initial data converges in law to a solution to the linear stochastic BBM with the full Gaussian initial data, forced by the derivative of a spatial white noise. This latter result holds for the Gaussian random initial data of arbitrarily low regularity. We also establish analogous results for the stochastic BBM forced by a fractional derivative of a space-time white noise.