Benjamin Jarrett is the founder and CEO of RPM, a prediction markets platform built for motorsport. He spent his career in markets, trading physical oil across Asia and the Gulf before moving into derivatives as a proprietary trader, and was selected for Trafigura’s Junior Trader Assessment Programme in 2016. RPM is where all of that ended up: a way to trade a race weekend the way you’d trade any other live market.
The idea is simple enough. A race weekend is full of outcomes fans already argue about, so RPM gives each one a price. Who wins, who makes the podium, how qualifying shakes out, who comes out on top in the head-to-heads, where the championship lands. Prices move with the action, set by an automated market maker, and everything settles on-chain against the official result. Rather than adapting a generic platform to racing, RPM was built for the sport from the start.
Then there’s the Leagues framework. Anyone can run their own prediction competition on top of RPM’s markets. A fan community, a creator or a brand sets up a League, picks the markets, the format and the prize pool, and RPM handles the scoring, integrity and settlement underneath. Creators build audiences and earn from the Leagues they host, teams and brands run sponsored Leagues around their events, and an infrastructure layer of APIs and white-label tools lets partners embed the same mechanics into their own products and games.
The reason it’s motorsport comes down to two things. Jarrett loves racing, and he thinks like a trader. Trading, done properly, is a way of seeing: every lap holds a dozen moments that could break either way, and a price is just an honest opinion with money behind it. Watch a race weekend through that lens and you see opportunity everywhere, hundreds of open questions with no market on any of them. RPM is what happened when he stopped waiting for someone else to build it.