I love this idea. Of course the Xeno's would have to take hostages at the official Olympic Hotel on Manhatten.;)
On a serious note, this could be really great. I trust your ability to do this Korrd, but Im here if you need any help with this. RepEx will be represented and will of course be giving hefty bonuses to its employees who participate, especially if they win.
Multi-stop Cargo Run (in a freighter so the NPC's can CD you)
Skeet Shooting (I would assume a starflier as the clay pigeon)
Just a couple of ideas I just had. Also I would hope that everyone in each event would have the same ship/weapon loadout, so as to keep the fairness and integrity of it.
<span style="color:#FF0000"><strike>RETIRED</strike></span>
ON MY WAY OUT OF RETIREMENT