This feature has been added to the game on 0.9.0 update, 25th Oct. 2018.

You can compete with other crews with this feature.

Crew leader can apply to attend the challenge. Then the crew will go through the qualifying rounds, tournaments and then the finals.

If a crew qualifies to enter the tournament rounds or above, extra rewards are rewarded.
The higher rank the crews reach, the greater prize they will be rewarded with.