Motorsports are contests which involve racing of motorized vehicles such as cars, motor cycles, trucks, boats and others. Auto racing or car racing has been the most popular outdoor competitive event in motorsports across the globe.
The focus of this Motorsports Market report from IndustryARC is primarily on the F1 series which includes Formula One Championship and GP2 feeder series which are considered as the highest class of single-seat auto racing.
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Motorsports market is estimated to reach $5 billion by 2018 at a healthy CAGR of 9.6%.
1. Motorsports Market Analysis and Forecast Sponsorship and
Advertising Revenues Back on Growth Path - (2013 - 2018)
Published Date: Jul 14 2013
Number of Pages: 110
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2. Motorsports are contests which involve racing of motorized vehicles such as cars,
motor cycles, trucks, boats and others. Auto racing or car racing has been the
most popular outdoor competitive event in motorsports across the globe. Based
on the type of automobile used, auto racing can be categorized into Formula
racing, touring car racing, sports car racing, Kart racing and many more. Among
the different forms of auto racing, formula racing has been the most prevalent and
universal sporting event. The focus of this Motorsports Market report from
IndustryARC is primarily on the F1 series which includes Formula One
Championship and GP2 feeder series which are considered as the highest class of
single-seat auto racing.
Motorsports Market Forecast (2013 - 2018)
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3. Motorsports market is estimated to reach $5 billion by 2018 at a healthy CAGR
of 9.6%. The revenue generated from these events is estimated to grow
exponentially as the number of races and Grand Prix are estimated to increase
from 19 to 25 by 2020. Majority of the revenue is contributed by ticketing
channels wherein the revenue depends on the audience strength for a particular
racing event. Some of the other revenue channels include broadcasting fee paid
by TV channels, sponsorship from event and trackside sponsors and merchandize
sales. Driven by the increase in racing formats, number of races, advertisements
and sponsorships, the revenue from racing events will outpour in the coming
years.
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market.html
Motorsports Market Forecast (2013 - 2018)
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4. However, media rights distribution in the European region has been a major
constraint for the market as T.V. viewership has declined. Rising costs of F1 racing
stands as a major challenge hindering the revenues from the events. Over the
years, with the rising costs of F1 racing; there has been an increase in the prices
of tickets which is restricting the reach of motorsports in certain countries.
Degree of competition among the teams, sponsors, broadcasters and other
stakeholders of the market have been high due to the increase in events on a
global scale. Key players in the market include Ferrari S.p.A (Italy), Mercedes Benz
GmbH (Italy), McLaren Automotive Ltd (U.K.) and Red bull GmbH (Austria).
Motorsports Market Forecast (2013 - 2018)
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5. · Motorsport developments are increasingly grabbing headlines at mainstream
OEMs, emphasizing the changes taking place in the automotive industry
· The UK is in pole position in the super-fast, technology-driven world of
motorsport
· The largest concentration of UK motorsport firms is to be located within
Motorsport Valley, a business cluster located in the center of the UK
· Engineering and services together have around 40% market revenues in the
industry. Other segments include R&D, manufacturers of auto racing products,
warehouse and logistics companies
· The global motor sporting industry has revenues of around $20.5bn in 2013 and
this is expected to increase to around $25.8bn by 2018
· R&D typically takes around 30% of the overall costs of a team in the industry
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Motorsports Market Forecast (2013 - 2018)
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6. 1. Global Motorsports Market– Market
Overview
2. Executive Summary
3. Global Motorsports Market Forces Analysis
3.1. Market Drivers
3.2. Market Constraints
3.3. Market Challenges
3.4. Five Forces Analysis
4. Motorsports Market Revenues By Channels
4.1 Broadcasting Revenue In Motorsports Market
4.2 U.S.: Nascar & Indycar Broadcasting Revenue
4.3 Ticketing Revenue In Motorsports Market
4.4 U.S.: Nascar & Indycar Ticketing Revenue
4.5 Merchandising Revenue In Motorsports Market
4.6 U.S.: Nascar And Indycar Merchandising Revenue
4.7 Advertising/Sponsorship Revenue In
Motorsports Market
4.8 Advertising/Sponsorship
4.9 Race Hosting Fees Revenue In Motorsports
Market
4.10 U.S.: Nascar and Indycar Race Hosting Fees
5 Motorsports Market- Geographic Analysis
6 Market Entropy
6.1 New Product Launches
6.2 M&As, Collaborations, Jvs And
Partnerships
Motorsports Market Forecast (2013 - 2018)
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Motorsports Market Forecast (2013 - 2018)
Contact : 1-614-588-8538 (Ext-101) Mail: sales@industryarc.com