• Contact Us
  • IND: (+91) 40-485-49062
  • USA: (+1) 614-588-8538

Motorsports Market Is Estimated to Surpass $30 Billion by 2025

Published By: IndustryARC Published On : 15-Apr-2019
According to the report published by IndustryARC titled “

Motorsports Market: by Channels (Broadcasting Revenue in Motorsports Market, Ticketing Revenue in Motorsports Market); by Racing Series (F1, NASCAR, Indycar, Formula E, WEC and others) by Revenue Type(Series Organization, Team, Component) Geographic Analysis – Forecast (2019 – 2025)

,”the market is estimated to surpass $30 billion by 2025 growing at a CAGR of  around 3% .

Browse 52 Market Tables and 21 Figures spread through 138 Pages and go through an in-depth TOC on “

Motorsports Market


Early Buyers will receive 10% Customization on this Report.



According to a recent study from IndustryARC, the growth in the Motorsports market can be attributed to the increase in the advertisement deal size and sponsorships of motorsport races. Social media platforms such as Facebook and Twitter have emerged as widespread platforms to promote the motorsports and gain the attraction of more viewers and upsurge the market growth.  Besides, social media platforms such as facebook and twitter along with broadcasting have contributed majorly in increasing the demand for motorsports globally.

With the introduction of a new format called Formula E series that deploy electric vehicles in racing events, motorsports have gained more number of viewers consequently elevating the market growth. The hike in demand for electric auto racing series Formula E has boosted the market growth. Recently, Audi has announced the launch of an in-house formula E team. The Formula E cars are emission-less and produce little sound, consequently increasing their demand in cities such as Paris, Buenos Aires, and Berlin. In most of the countries such as U.S., motorsports are amongst the most popular sports and have a wide coverage among people in terms of communication through social media and other platforms. Besides, the increasing corporate sponsorships from companies and organizations have emerged as a major driving factor for the motorsports.

Europe is the largest motorsports market globally with a revenue of $5.61 billion in 2019. Most of the major automobile manufacturers have a dominant presence in the European countries and are supported by large sponsorships consequently resulting in a huge fan base for motorsports in this region. In the Americas, countries such as the U.S., and Argentina have widespread popularity for motorsports and these countries have hosted some of the most significant Formula series seasons as well.  Additionally, various racing events such as NASCAR fascinate more viewers by organizing more promotional events and advertisements to draw the attention of viewers. 

The Major Players in this Market include


  • Ferrar S.p.A.i
  • Mercedes-Benz
  • Audi AG
  • BMW AG
  • Ford Motor Company
  • McLaren Group
  • Porsche AG
  • Others

Motorsports vehicles’ manufacturers have utilized advertisements to augment their entry into related markets. Moreover, corporate sponsorships by companies and widespread popularity of motorsports have emerged as a major driving factor for Motor Sports market. 


The end-user race industries covered in the Motor Sports Market report include: 


  • NASCAR
  • IndyCar
  • Formula 1
  • World Rally Championship
  • FIA World Endurance Championship
  • Karting
  • Speedway Series
  • Others
 
The overall Motor Sports Market is also presented from the perspective of different geographic regions and the key countries for this industry. Competitive landscape for each of the race types is highlighted and market players are profiled.

Talk to one of our sales representative about the full report by providing your details in the link below:


Related Reports


A. Real Time Location System in Sports Market


B. U.S. Motorsport Component Market


About IndustryARC:


IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Contact Us:

Mr. Venkateshwar Reddy
Business Development Manager 

Contact Sales: 

1-614-588-8538 (Ext-101)

Connect with us on LinkedIn

 - https://www.linkedin.com/company/industryarc

Request for Sample

News letter

Type your email below and receive our daily news and updates for free

Need Assistance?

If you have any questions, please contact.

Call Us

(U.S. - Canada toll free)
+1-614-588-8538

Write to Us

(Please send an Email)
[email protected]