Rocket Racing Team Withdraws from League

The first team to join the growing Rocket Racing League (RRL) has pulled out of the high-flying venture, citing fundamental differences.

The Leading Edge Rocket Racing team announced its intent to withdraw from the nascent league late Friday and was due to formally notify its board of directors earlier today.

“After working with [the] Rocket Racing League for the past 17 months, we have concluded that our vision, business practices, and communications standards are incompatible with those of the league,” Robert Rickard, Leading Edge president and CEO, said in a statement. “We had very high hopes for this enterprise and tried very hard to find a common way forward.”

Formed in 2005 by Ansari X Prize founder Peter Diamandis and auto racing team veteran Granger Whitelaw, the Rocket Racing League is intended to provide NASCAR-like races in the skies above Las Cruces, New Mexico using piloted Mark 1 X-Racer rockets. The rocket racers are based on the EZ-Rocket design developed by the firm XCOR Aerospace in Mojave, California and are slated to make their competitive debut later this year.



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