Motorsports involve organizing competitive race events of motorized vehicles. These events generally involve custom cars, trucks, motorbikes, go-carts, boats, and snow mobiles. F1, NASCAR (National Association of Stock Car Auto Racing), 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.
Technavio’s analysts forecast the global motorsport market to grow at a CAGR of 0.08% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global motorsport market for 2017-2021. To calculate the market size, the report considers the revenue generated by sponsors, TV, merchandise sales and ticketing sales.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Motorsport Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Ferrari • McLaren • Mercedes-Benz • Red Bull Racing
Other prominent vendors • Citroën • Hendrick Motorsports • Joe Gibbs Racing • Lancia Delta • Roush Fenway Racing • Team Penske • Toyota
Market driver • Significant investments by sponsors • For a full, detailed list, view our report
Market challenge • Intense competition from other forms of sports • For a full, detailed list, view our report
Market trend • Evolution of Formula E • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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