How to setup a hotlap competition on a track

I know the R2 lap analyzer, is that what you would use to set up a hotlap competition or are there other trix to kep records of all lap on a server to make a hotlap competition?

Any advice thanks in advance.

 

Live Racers have an rF2 plugin that records all sorts of server data; https://www.liveracers.com/

 

Thanks, it looks interesting, I will take a closer look.