It has finally happened. The Aerospace crowd has formed a NASCAR-like racing league to promote an amped-up form of air racing. It is called the Rocket Racing League.  Velocity Aircraft, now a subsidiary of Rocket Racing Composites Corporation, will supply the airframes. The rocket motors are simple, one piece, throttled, stainless steel motors down-rated from 5000 lbs to 1500-2000 lbs of thrust. The motors will burn LOX and ethanol.

The first exhibition race will occur at the upcoming EAA Oshkosh AirVenture show in Wisconsin this summer.

One important result of this is that, if it is successful, it will demonstrate that entities smaller than governments can safely and profitably do rocketry.  If this field is to go anywhere, it must show that rocket propulsion can be conducted with less-than-NASA resources.