I'd put this idea down for a while, but I'm thinking about picking it back up. There's a restaurant / bar down the road from me that hosts "Belt Sander Racing" once a month. Could be a lot of fun. I mean, I have a belt sander... Why not? Anyone else ever heard of this?
http://www.sotexbsra.com/aboutus1.html
http://www.sotexbsra.com/aboutus1.html