Foxxtecca, an events and media company, is launching a new iRacing series, "The League," the company announced.

The League is a new McLaren GT3, U.S.-time-zone series open to all sim racers with the chance to earn prize money.

With an eight-round schedule beginning August 5, The League will feature three divisions: pro, contender and challenger. Drivers are assigned a division based on their pre-qualifying pace. Highlights for each round will be posted on the "All Def" YouTube channel, reaching 4.61 million subscribers. The races will also be broadcast live on the Foxxtecca Studios YouTube channel and produced by Apex Racing TV, delivering pre and post event coverage as well as coverage of all three division races.

The prize pool is currently set at $4,500.

For more information, visit foxxtecca.com.