Looks like an IFR training mission. They take students up and fly specific patterns of climbs/descents/turns all while "under the hood". The race track pattern is a holding pattern, looks like they spent a lot of time in it, wouldn't know why. Then they usually will depart the hold and shoot an instrument approach or two. That's what it looks like to me. Could also be a check ride of some sort.
Looks like an IFR training mission. They take students up and fly specific patterns of climbs/descents/turns all while "under the hood". The race track pattern is a holding pattern, looks like they spent a lot of time in it, wouldn't know why. Then they usually will depart the hold and shoot an instrument approach or two. That's what it looks like to me. Could also be a check ride of some sort.