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Drag Racing & Road Racing Promoters in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Drag Racing & Road Racing Promoters Market Research Report | Consumer Goods & Services | Sports & Recreation | Dec 2012

Pickup up speed: Renewed incomes and corporate profit will support a return to growth

The Drag Racing & Road Racing Promoters market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$257m
Annual Growth 07-12
-0.3%
Annual Growth 12-17
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Profit
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Employment
1,127
Businesses
341
Industry Analysis & Industry Trends

Higher disposable income and recreational spending will help the Drag Racing and Road Racing Promoters industry turn around in the coming years after a few tough years during the recession. Additionally, rising corporate profit will support industry revenue growth since corporate sponsorships account for about 15.0% of industry revenue. With greater profit, businesses are more likely to sponsor a drag racing team or event. Nonetheless, industry demand will be limited by several factors, including increased access to internet and heightened external.... purchase to read more

Industry Report - Industry Locations Chapter

The location of drag racing promoters is heavily dependent on the location of drag racing tracks. Drag racing tracks are distributed largely based on the availability of land and general popularity of automotive sports. As a result, the Southeast has the largest concentration of tracks (30.1%), followed by the West (14.1%), the Great Lakes (13.3%), the Mid-Atlantic (12.4%), the Southwest (10.0%), the Rocky Mountains (9.3%), the Plains (9.2%) and New England (1.6%).

Southeast

The Southeast region has the largest share of drag racing tracks, estimated at 30.1%, well above the region's share of the US population (25.4%)... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Drag Racing & Road Racing Promoters Industry?

This industry includes automobile, motorcycle and snowmobile drag race organizers. A drag race is an acceleration contest between two vehicles over a measured distance. The industry does not include organizers of other auto racing or motorsport contests.

Industry Products
Registration feesTicket salesSponsorshipsInsurance
 
Industry Activities
Organizing drag racesPromoting drag races


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