SEARCH   
MEMBER LOGIN    

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

IBISWorld’s Drag Racing & Road Racing Promoters market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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
Purchase to read more
Profit
Purchase to read more
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 Key Buyers Chapter

The Drag Racing and Road Racing Promoters industry has a low level of market share concentration, with no single operator accounting for more than 5.0% of total industry revenue. The industry is composed of an estimated 341 companies. Most industry operators are small companies or sole proprietors, with the average establishment employing slightly fewer than three people. Many operators own and operate local racetracks and do not promote outside of the associated community or city. Some operators have ownership interest in multiple tracks and others previously worked as drivers or race car owners... 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


View Sample
Quote
Select Clients