The schematic is published, and a donation to the Raspberry Pi foundation will be made for each board(/kit) sold.
I put this together to enable the Raspberry Pi to get simple status inputs, which can then be used to generate a notification, record an event, and so on, and output channels can be used to provide feedback where required. I had a Scaletrix lap timing system in the back of my mind, though I've not gotten that far yet!
Any feedback would be very welcome.