Should Car Racing and other machines' racing be continued ?

I too have thought about this before, I wonder why people are spending million or billion of money for car racing or others high maintenance games that need a lot of money, why not they use the money to give it to the poor and not just doing charity by donating a very tiny portion of the racing fun to those who need the money urgently. The are many people are starving and yet these people are spending big money just to make their car more powerful. This is how unfair the world is.

We really can't say it's meaningless because it's a sport that people enjoy playing and watching. It is a lot better than gambling. there are people who's good in customizing racing cars and driving/racing it and they join these types of events. And for all we know, some of these car racing events also raises funds for charity.

Let me ask you this first. How many different things going on in this world that are just as questionable? Baseball, Olympics, football, any sports, competition of many different categories that huge amounts of money is spent. Music, Arts, Movies, etc. That is one loaded questions isn't it? Racing is just another human sport that people enjoy, to get away from the daily routine of challenges to survive this world. Revenue is created, jobs are created from these events. So going full circle could they actually be helping those that many don't see, the people that make a living from the jobs created. Just my thoughts.