Peter Diamandis, founder of the X Prize, has announced he’s starting a racing league for rocket planes, using all kinds of high tech to make it attractive to the public and TV stations. Things like HUD projected racecourses, with the racecourse and rockets visible on screens to the spectators. Cameras will be hung all over and inside the planes, and the rockets will create as large fiery plumes as possible.
The idea is to launch big, with large prize moneys and a standard rocket plane to make it accessible to as many people as possible. Back to the golden days of innovation by the people is the motto. Sounds very cool, but ambitious. I’ll be watching!

This site contains a lot of information on the format of the races, the rules, the specifications, etc. A lot of information!