Motorsport Market Growth

The motorsport market is expected to grow at a CAGR of 1% during the forecast period. Significant investments by sponsors, drivers.2, and drivers.3 are some of the significant factors fueling motorsport market growth.

Significant investments by sponsors

Motorsports involve organizing competitive race events of motorized vehicles. These events generally involve custom cars, trucks, motorcycles. Formula One (F1), National Association for Stock Car Auto Racing (NASCAR), IndyCar, and the World Rally Championship (WRC) are some of the popular motorsport events. F1 is the most popular among them, closely followed by IndyCar Series and NASCAR.
The global motorsport market is segmented by type under the following categories:
F1
NASCAR
Other motorsports
The geographic coverage of the report is global with the following segments:
Europe
North America
APAC
South America
MEA
The exhibit below provides an illustrative view of the offerings that are included to create the market definition of the global motorsport market. This market definition has a significant impact on the market sizing provided in the report.