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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 07-12
Annual Growth 12-17
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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 SWOT Analysis Chapter

The Drag Racing and Road Racing Promoters industry is in the mature stage of its life cycle. Fairly stable industry products, together with clearly defined segmented product groups and user industries, indicate the industry's mature phase. Despite newer technologies allowing for more efficiency in the organization and promotion process (e.g. software that allows for online event registration forms), technological changes remain low... 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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