The Rocket Racing League says its rocket-powered race planes will take off for their first public exhibition races on Aug. 1 and 2 at the EAA AirVenture air show in Oshkosh, Wis. But that's just the start. The league's founders have also acquired an airframe-manufacturing company, taken on a new partner to build rocket engines and set up a string of subsidiaries. All this is part of an effort to make high-performance aerial racing into a business on a par with high-performance auto racing. (source: cosmiclog.msnbc.msn.com)
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