We will NEVER have ship races as Bungie has said multiple times that ships have nothing in their program other than sitting there (summarized). Sparrow races are under development currently and may make an appearance during an event so the team can gather data.
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It's a start
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I just hope that sparrow racing comes within this year. It's not hard to create a racing map. They could even recycle some land from cut-out content. It would be as easy as placing a couple of boundaries and then they're done!