iRacing.com was founded with a three part mission 

• Create the world's most accurate racing simulations

• Organize and promote internet racing as the newest branch of global motorsport

• Create a worldwide community for racers of all types and skill levels

The company was established in September of 2004 by Dave Kaemmer and John Henry. Kaemmer was co-founder of Papyrus Design Group, developers of award-winning racing simulations including NASCAR Racing: 2003 Season and Grand Prix Legends. Henry is principal owner of the Boston Red Sox and Fenway Sports Group - the co-owner of Roush Fenway Racing - as well as an avid simracer. The iRacing.com team combines more than 100 years of real-world racing experience with more than 50 years of successful racing simulation development.

Testing / Training

As an iRacing.com member, you can test and train in much the same way that top Formula One drivers and other professionals do. Imagine being able to drive any car, on any track, at anytime - all with a degree of accuracy and authenticity that turns virtual practice into real-world results. Accumulate seat time without the cost and inconvenience of going to the track. Find the quickest line online, then take that knowledge to circuits around the globe. No wonder the world's leading professional drivers use the unlimited track time at iRacing.com to gain a competitive advantage.

Racing

In addition to driver development, iRacing.com membership provides entry into the newest form of competitive motorsport: internet racing. 
With professionally sanctioned series running all the time, and four competition seasons each year, we're always on track. At a fraction of the cost, you'll be able to experience the challenge of global motorsport whenever you choose, and because iRacing.com automatically groups racers of similar skill levels together, everyone has a chance to compete for race wins and season championships. For those who compete in the physical world, it's also a valuable opportunity to hone your racecraft in side-by-side racing, experience that would otherwise require years and a financial commitment that for many is simply out of reach.

Community

Imagine a global community of licensed racers, all competing in various professionally sanctioned series segmented into divisions based on driver skill. Internet racing with iRacing.com opens up the world of competitive motorsports in a whole new way, creating an online community unlike any that's existed before. You'll form friendships and rivalries with iRacing.com members around the world and do so in an environment that emphasizes personal responsibility and civility towards fellow members. Meanwhile, geographically based clubs offer additional ways to get involved and meet others who share the same passion for motorsport. It's not for everyone - iRacing is for those who are serious about building their skills and competing in the newest form of motorsport: internet racing.

iRacing World

Included with an iRacing.com membership is free access to iRacing World, the online gathering place for iRacers everywhere. As a sort of virtual paddock, iRacing World offers many of the same features available at popular social networking sites like MySpace and Facebook. Participants are provided with their own customizable home and profile pages and invited to blog, post pictures and videos, as well as rate and comment on media posted by others. Members can also “friend” and private message others, create and participate in groups, even syndicate media across the web with easy-to-use "Widgets."

Although posting and commenting privileges on iRacing World are reserved for iRacing members, iRacing World is open to the public, allowing members to share the iRacing experience with friends and family and enabling anyone with interest to get a feel for the iRacing service, competition and community.