The FAA has released the final draft on the “part 107” rule set for drones and unattended aircraft.
The important part for most drone racers / enthusiasts is this:
Part 107 will not apply to model aircraft. Model aircraft operators must continue to satisfy all the criteria specified in Section 336 of Public Law 112-95 (PDF) (which will now be codified in Part 101), including the stipulation they be operated only for hobby or recreational purposes.
The included Section part 336 there is important, as that is what the AMA and other model aircraft enthusiasts settled in as ‘established law’ regarding remote control aircraft. This ruling, at least by our reading, seems to set things back where they were before the discussions started up again, which is good news.
The full FCC Press release is on the FAA.gov website.