X-Prize Cup/Olympics Planned
sckienle writes "Space.com has a quick article in their astronotes section about the X-Prize committee's idea of an X-Prize competition. Apparently they are thinking about having a 'X-Prize Cup' where 'teams would compete for cash prizes, attempting to set new records.' My favorite quote: 'The notion is to try and bring the money and excitement of NASCAR and Formula One racing into space.'"
This reminds me of the air competitions in the 20's and 30's, normally funded by wealthy newspaper owners. Cash prize for the first to cross the Atlantic East to West, then in reverse. First to Hawaii, around the world, etc.
If not for some of those competitions, aviation would have progressed much slower than it did.