BGR reports competitive drone racing is becoming a thing as there's now a Drone Racing League. Drone racing takes advantage of virtual reality, it allows racers to see where their drones are going from a first-person perspective. The drones are steered via remote controls through obstable courses that resemble the podracing courses from the Star Wars movies.
Here's a video showing a race:
Next we have a drone racing 101:
And as a bonus, here's a video of the best drone racing crashes: