This Festival North Sprint is a 4-Lap Circuit Race on Asphalt that is worth 180 Points towards the next Wristband, and a purse of $13K to the winner (not including bonuses).
Restrictions for this race are Class-A cars and below that were manufactured by Lotus.
While the Lotus has not really stood out in popular culture with respect to the racing scene in the last decade, it has a solid reputation over all and is one of the cars that you want to race in every Forza game - so it is fitting that it gets its own event in Horizon, even if we have to go buy one to race in it!
Considering this is likely your first time driving a Lotus in the game, don't be surprised if it takes the first three laps for you to get the feel for it and how it handles - but that last lap? Pure velvet.