Tuesday, 02 January 2024 12:17 GMT

Motorsports Global Strategic Business Report 2026: Market To Surpass $10 Billion By 2030 - Engineering Services Gain As Motorsport Oems Strengthen R&D Spending


(MENAFN- GlobeNewsWire - Nasdaq) Opportunities in motorsports stem from its growing global popularity, especially in emerging markets. Advances in technology and sustainability, such as electric racing, enhance appeal. Expanding digital engagement boosts viewership and sponsorships, while regional growth in the U.S. and China presents key opportunities.

Dublin, Feb. 26, 2026 (GLOBE NEWSWIRE) -- The "Motorsports - Global Strategic Business Report" report has been added to ResearchAndMarkets's offering.
The global market for Motorsports was valued at US$6.7 Billion in 2024 and is projected to reach US$10.1 Billion by 2030, growing at a CAGR of 6.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Motorsports, encompassing a wide range of competitive automotive racing events, is a thrilling and highly popular global phenomenon. The most prominent motorsports include Formula 1, NASCAR, MotoGP, and rally racing, each with its distinct set of rules, vehicles, and fan base.
Technological advancements play a crucial role in the evolution and excitement of motorsports. Innovations in vehicle design, aerodynamics, and materials have led to faster, safer, and more efficient racing machines. The integration of advanced telemetry systems allows teams to collect and analyze real-time data on vehicle performance, helping to fine-tune setups and strategies during races.

Electric and hybrid technologies are also making their mark, with series like Formula E promoting sustainable racing by using fully electric vehicles. These advancements not only enhance the competitiveness of the sport but also drive the development of technologies that often find applications in consumer vehicles. Safety innovations, such as the HANS device and improved crash barriers, have significantly reduced the risk of severe injuries, making the sport safer for drivers and spectators alike.
The growth in the motorsports market is driven by several factors, reflecting the sport's evolving dynamics and increasing global appeal. One significant driver is the rising popularity of motorsports in emerging markets, where increasing disposable incomes and growing interest in automotive culture are expanding the fan base. The proliferation of digital and social media platforms has transformed how fans engage with the sport, providing real-time updates, interactive content, and broader access to live events, thereby boosting viewership and sponsorship opportunities.

Technological advancements in vehicle design and race management also contribute to market growth, enhancing the competitiveness and appeal of motorsports. The push towards sustainability and environmental responsibility is driving the adoption of electric and hybrid technologies, attracting a new demographic of environmentally conscious fans and stakeholders. Furthermore, the expansion of motorsport events and the introduction of new racing series cater to diverse audiences, ensuring the sport's continued growth and evolution in the global market.
Report Scope

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Broadcasting Revenue segment, which is expected to reach US$4 Billion by 2030 with a CAGR of 7.5%. The Ticketing Revenue segment is also set to grow at 6% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, valued at $2 Billion in 2024, and China, forecasted to grow at an impressive 10.2% C
  • AGR to reach $624 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
  • Segments: Revenue Channel (Broadcasting, Ticketing, Sponsorship, Merchandising, Other Revenue Channels).

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of players such as ABT Sportsline GmbH, AF Corse Srl, Andretti Autosport Holding Company, LLC, BMW M GmbH, Hendrick Motorsports LLC and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Key Attributes:

Report Attribute Details
No. of Pages 342
Forecast Period 2024 - 2030
Estimated Market Value (USD) in 2024 $6.7 Billion
Forecasted Market Value (USD) by 2030 $10.1 Billion
Compound Annual Growth Rate 6.9%
Regions Covered Global


Key Topics Covered:
MARKET OVERVIEW

  • How Trump's Tariffs Impact the Market? The Big Question on Everyone's Mind
  • Competitive Scenario
  • Motorsports - Global Key Competitors Percentage Market Share in 2025 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
  • Global Market Prospects & Outlook
  • Use of Internet Technology and Social Media Platforms for Broadcasting Racing Events Witness a Surge
  • Advent of Artificial Intelligence and Digital Technologies Propel Demand for Motor Sports Market
  • Impact of the Pandemic on Formula One Racing
  • An Introduction to Motorsports
  • Most Prestigious Motorsport Series Worldwide
  • Key Revenue Channels for Motorsports
  • Recent Market Activity
  • Trade Shocks, Uncertainty, and the Structural Rewiring of the Global Economy

MARKET TRENDS & DRIVERS

  • Motorsport Industry: The Future amidst Generation Change
  • Profound Change in the New Era
  • The Age of AI Has Arrived & Here's How it Promises to Revolutionize Automobiles and Motorsports
  • Evolution & Growth of AI as Measured by the Robust Spending on AI Enablement, Primes the Technology for Use in Automobiles
  • Focus on Driver Behavior Intelligence Expands the Role of AI in Driver Monitoring
  • AI in Motorsports
  • Racing Industry: The Bunch of Evolutionary Tidings with Data & Avenues for AI
  • Motorsports Sprints toward Thrilling Future Turbocharged by Symphony of AI Brilliance & Pulsating Trends
  • Motorsports on Fast Track to High-Speed Glory with Artificial Intelligence
  • Artificial Intelligence Greasing Wheels of Racing Industry for Massive Momentum
  • Artificial Intelligence Entails the Pristine Opportunity to Engineer the Fastest Race Car
  • Bright Future of ML-Powered Design Optimization
  • Aerodynamics is at the Heart of Vehicle Performance Engineering. Here's Why
  • Ever-Present Focus on Speed Bodes Well for Automotive Aerodynamics Technologies
  • Rising Industry Focus on Engineering of Light Weight Vehicles Pushes Demand for Advanced Engineering Capabilities
  • Engineering Services Gain as Motorsport OEMs Strengthen R&D Spending
  • Automotive R&D Spending in US$ Billion for 2020, 2025, and 2030
  • Automotive R&D Spending Breakdown by Segment: 2025
  • Advancements in Semiconductor Technology Rev Up Market Opportunities
  • Smart Cities Poised to Drive Demand
  • Technology Collaborations Catalyzing Power Drive for Formula One
  • Motorsport Technology Innovations Seeping into Products Used in Daily Lives of People
  • Z-Shaped Floors for Formula One Racing
  • Women's Progress in Motorsport: Gender Performance Gap in the Way
  • Motorsport Industry Challenges
  • The FIA Foundation Commits to Enhance Safety of Race Car Drivers and also Marshals and Spectators

FOCUS ON SELECT PLAYERS: Some of the 107 companies featured in this Motorsports market report

  • ABT Sportsline GmbH
  • AF Corse Srl
  • Andretti Autosport Holding Company, LLC
  • BMW M GmbH
  • Hendrick Motorsports LLC
  • Liberty Media Corp.
  • Mercedes-AMG GmbH
  • Red Bull GmbH
  • Speedway Motorsports LLC
  • Toyota Motor Corp.

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  • Motorsports Market
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