NEW YORK (CNN) -- It sounds like NASA meets NASCAR: rocket-propelled aircraft racing through the sky at hundreds of miles an hour, while millions of fans watch in stadiums and on TV.
Peter Diamandis, founder of the aerospace Ansari X Prize, plans to turn what sounds like science fiction into reality in about a year.
At a ceremony Monday in New York, Diamandis unveiled the Rocket Racing League as its co-founder and chairman.
