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The Race Simulator was obtainable in Season 6: "Race to the Top" by reaching level 9.
Top 3 holders control
Largest holder · 72% of circulation
With hoarders owning over 100 Race Simulators, with the current circulation being at only ~45 right now, its no surprise that its a hoarded item, as hoarders own twice as many Race Simulators as the current MU amount.