I think that a vast majority of us play it just to complete the festival playlist. I mean, sometimes I actually manage to have some fun in it, but it quickly becomes boring after two rounds.
Actually, they are 3 event. Except for the playlist from what I saw last night. My wife and I did a lot of them and honestly had more fun there than races due to a lot of people ramming female gamertags
I wish all online races were limited to a maximum of 3 opposed to up to 5.