Peter Diamandis, the man behind the $10m X-Prize for suborbital space travel, has brought forward his new initiative: the Rocket Racing League. The RRL will see Grand Prix-style races between rocket planes, flown by top pilots through a "3D trackway" just 5,000ft (1,500m) above the ground.
The first "X-Racers" will be built for the series, but it is hoped new teams will soon enter with novel designs.
Events will be staged across the US, culminating in a final in New Mexico.
Of course it will Mr. Diandis, of course it will.....