iRacing and real names?

From:

https://members.iracing.com/membersite/termsofuse.jsp

Here is the clause:

4.1.
To establish an Account, you will be required to provide iRacing.com with
certain personal information. Your failure to supply accurate information to
iRacing.com when requested, or to update that information as it changes, may
result in an interruption or cancellation of service. You agree that we may
handle your personal information as described in our Privacy Policy. In
particular (but without limitation), you acknowledge that, except in
extraordinary circumstances as agreed to by iRacing in its sole discretion,
YOUR REAL NAME (or a variation of your name, such as your name followed by a
numeral) WILL BE DISPLAYED TO OTHER USERS OF THE SERVICE, AND YOU HEREBY
CONSENT TO SUCH DISPLAY. THIS INCLUDES DISPLAY OF YOUR NAME WITH RESPECT TO ANY
DISCIPLINARY ACTIONS TAKEN AGAINST YOU AS FURTHER DESCRIBED IN THE SPORTING
CODE. The purpose of displaying members' real names is to create accountability
to discourage members from engaging in disruptive activity. IF YOU ARE
AUTHORIZING A MINOR CHILD TO USE THE SERVICE, YOU MUST NOT PROVIDE TO
IRACING.COM ANY PERSONAL INFORMATION ABOUT SUCH CHILD.

So similar to RSC, forum members are subject to display of your real name
and disciplinary actions? This is the same issue I had with RSC. The issue
is that these disciplinary actions would qualify as defamatory statements
made against members, especially those using real names. Regardless of any
implied agreement, in the USA, you can't waive your legal rights to be
protected against defamation (libel or slander), since it's covered by
criminal law (although it's usually handled via civil lawsuits). iRacing
would be violating defamation laws if it couldn't back up any public
disciplinary action with reasonable proof. In a criminal case or lawsuit,
the burden of proof is upon the person or company that made the statement.

However, nothing in the termsofuse requires a member to use a real name,
and in the case of a minor, the real name isn't permitted to be used,
since it would be revealing personal information about the minor.