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There is a small airport near me and I was wondering if I could rent a tree and get insurance to run a 1/8 mile meet? Has anyone ever done this?
 

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That may be possible, however I think the major hurdle will be getting approval from the FAA. We used to have an annual race here in Abilene at the airport, alot of prep work went into the event (concrete barriers set, tower rolled in on truck, etc.), they were very strict where spectators/participants were allowed to go, being caught "out of bounds" so to speak was a serious no-no and this was prior to 9-11. Needless to say the event didn't happen again after 9-11, so they finally built an 1/8 mile track here.
 
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