The Administrator of the Federal Aviation Administration may not promulgate any rule or regulation regarding a model aircraft, or an aircraft being developed as a model aircraft
Even if the rules hold up under this law, it is not all doom and gloom for drones. The FAA rules could have been much more stringent, and in general they do make sense. Brian Benchoff walks through the regulation, comparing the new rules to the FAA's existing pilot rules, and juxtaposing the threat drones make to full-size aircraft in flight with those risks associated with bird strikes.
Drone racing league receives a $1 million investment from Miami Dolphins owner
Does drone racing have what it takes to be a sport? Billionaire property developer and Miami Dolphins owner Stephen Ross thinks it might, and has invested $1 million in the first round of funding for New York startup The Drone Racing League via his
Developer Stephen Rosss RSE Ventures Invests in Drone Racing Wall Street Journal
The owner of the Miami Dolphins just made drone racing a million-dollar sportQuartz
Dolphins Stephen Ross putting $1M behind Drone Racing LeagueESPN
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The reason computer chips are so small is computers don't eat much.