[(Posting for guild mate since they have no +New Topic button on the forums [another bug gg)])
When starting a race the rings will spawn on Ruby Life Pools I think that are the tutorial rings from the flying intro(I think?), so the way-point dotted lines point into the ground and you will be teleported and abandoned the race as if you got lost and flew to far, you can actually complete the race if you use Bronze Timeclock to park yourself in front of the ring and flying the short intro flight and it counts as finishing the race you started.
It is not every race some do work as intended.
There is an example posted here
This is at Flashfrost Flyover where you are close enough to turn around and hit the rings, but again you can
Reinstalling does not fix the issue, and it is not a graphical bug because you can complete the races with even getting gold timing by using the Bronze Timeclock teleport. I had a guild mate whos races are working try turning around and those rings are not active.
This is a huge hindrance to progressing the quest, cosmetics and world quests/achievements and is affecting multiple people. This is a flagship feature of the expansion I cannot enjoy so if you could address this ASAP that would be great.