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there is way too much money in the sport between NASCAR, FIA, WRC just to name a few. Anything with that much money involved (and prestige for the manufacturers) is simply not going to let the deaths of a few (relatively speaking, from the point of view of politicians and billionaires) people interfere with their money.
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I agree. That is the difference. There is no money to be made in air racing. Otherwise, it would be as big as other more lucrative "professional" sports.
Air racing is a great way to turn millions into thousands very quickly.
The only thing air racing does is spark peoples interest in aviation. Opening the races to the public allowed them to experience the power and speed of the pinnacle of WWII era piston engine aircraft development. It is a way to share a passion.
It will will just go back to being a private event without public access.