Not F1 itself but since the title has some kind of hints. I feel like the next GT is gonna be more social and rewarding than ever with tournaments or even leagues under divisions depending on how good you are or how up is your license. I feel like GT has enough relevance and acclaim to do this and maybe because of their connections in the industry, there's gonna be some major sponsorships, I could see this even bloom with professional racers even partaking the program and becoming a watchable program aka Twitch or Youtube Gaming or even just within the GT community. After all it's safer than driving a real car and can be done a lot of multiple times. Just saying this could be bigger than you might think of at first.

No

That was a very deep response. /s

Yes

It was sufficient 

No. :p

Raises a good question, I know EVO exists, MOBA touraments happen, as well as FPS and Sport sims but is there a e-sports equivilent for Racing games?

Nope, people watch F1 for the car crashes. Everyone watches F1 for the car accidents only, and only for that. Including you who quotes me and tries to prove me wrong with your agenda.

You're thinking of Nascar

https://www.youtube.com/watch?v=AVBzRXOx93U