During PlayStation Experience this weekend, Bungie announced that Sparrow racing is coming to Destiny: The Taken King this Tuesday, December 8. The Sparrow Racing League will pit six players against each other in a free-for-all sparrow race on Mars and Venus. By competing, players can earn new sparrows and gear.
From December 8, players can talk to Amanda Holliday in the Tower for details on the Sparrow Racing League.
Make the most of it though, because at the moment Sparrow Racing is only around for three weeks, concluding on December 29.
Source: PlayStation Blog