Yes, each account created will be it's own sole account. Each account created will have their own unique login and password. The accounts are not connected in anyway other than by the payment method. The driver's display name will be the credit card holder's name from the account registration process.  If this needs to be changed, please contact iRacing Support at support@iracing.com to request a name change. Additional cars and tracks will also need to be purchased on each account if desired. Content cannot be shared between accounts.