Motorsport Market to record USD 8.93 Bn incremental progress; Driven by significant investments by sponsors

NEW YORK, Nov. 10, 2022 /PRNewswire/ — The “Motorsport Market by Type (F1, NASCAR, and Others) and Geography (Europe, North America, APAC, South America, and Middle East and Africa) – Forecast and Analysis 2022-2026” report has been added to Technavio’s providing. With ISO 9001:2015 certification, Technavio is proudly partnering with greater than 100 Fortune 500 corporations for over 16 years. The potential progress distinction for the motorsport market between 2021 and 2026 is USD 8.93 billion. To get the precise yearly progress variance and the Y-O-Y progress charge. Download Free PDF Sample Report

Key Market Dynamics:

• Market Driver: The market is pushed by significant investments by sponsors. Motorsports has attracted many sponsors that make investments considerably in groups. The funding is used for the operations of the staff and for paying the charges of the rights related to naming the occasions organized by the observe operators. Sponsors deal with the media and promoting for the occasion. They additionally deal with the allocation of proprietary logos and logos of the occasion to the observe operators, that are used for selling the occasion. Some corporations that actively sponsor F1 are Red Bull, Philip Morris, Pirelli, Fiat, Daimler, Honda, Diageo, Petronas, Grupo Santander, and Emirates. Thus, the rising investments in motorsports is predicted to drive the market in focus in the course of the forecast interval.
• Market Challenges: The improve in the price of insurance with the inclusion of superior electronics and security methods in racing autos is the most important problem out there. The value of race automobile insurance is steadily rising due to using extra technically superior {hardware} within the automobile. The components have gotten extremely advanced and superior. Therefore, their value will increase yearly. The rising costs of recent parts and the excessive danger concerned on this sport not directly pose difficulties for insurance corporations. These elements will negatively influence the expansion of the worldwide motorsport market in the course of the forecast interval.

Key Revenue-Generating Segment

The motorsport market report is segmented by Type (F1, NASCAR, and Others) and Geography (Europe, North America, APAC, South America, and Middle East and Africa).

By kind, the market progress will probably be significant within the F1 phase. F1’s legacy is unmatched by another motorsport occasion. F1 has attracted many sponsors. It began within the Twenties and Nineteen Thirties within the type of European Grand Prix championship. It matured to F1 after Federation Internationale de l’Automobile (FIA)’s standardization of guidelines. The taking up of F1 by Liberty Media is predicted to appeal to extra viewers by providing extra participating content material. Social media platforms are anticipated to improve viewership ranges considerably.

Europe would be the main area, occupying 47% of the market’s progress in the course of the forecast interval. Europe has the world’s hottest racing tracks, which is driving the expansion of the motorsport market within the area. Europe’s in style racetracks, resembling Ascari (Spain), Knockhill (Scotland), Anglesey (Great Britain), Monza (Italy), Silverstone (England), and Zandvoort (The Netherlands), maintain many occasions.

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Key Vendors Covered

• A J Foyt Jr Enterprises Inc.
• ABT Sportsline GmbH
• AF Corse Srl
• Andretti Autosport Holding Co. Inc.
• Bryan Herta Autosport
• Caterham Cars Ltd.
• Dale Coyne Racing
• Dover Motorsports Inc.
• EXOR N.V.
• Hendrick Motorsports LLC
• Honda Motor Co. Ltd.
• Joe Gibbs Racing
• McLaren Group Ltd.
• Mercedes Benz Group AG
• Red Bull GmbH
• RFK Racing
• Speedway Motorsports LLC
• Stellantis NV
• Team Penske
• Toyota Motor Corp
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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of distributors included out there definition

• 3.2 Market phase evaluation 
• Exhibit 12: Market segments

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 14: Data Table on Global – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 15: Chart on Global Market: Year-over-year progress 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year progress 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces abstract 
• Exhibit 17: Five forces evaluation – Comparison between 2021 and 2026

• 4.2 Bargaining energy of patrons 
• Exhibit 18: Chart on Bargaining energy of patrons – Impact of key elements 2021 and 2026

• 4.3 Bargaining energy of suppliers 
• Exhibit 19: Bargaining energy of suppliers – Impact of key elements in 2021 and 2026

• 4.4 Threat of recent entrants 
• Exhibit 20: Threat of recent entrants – Impact of key elements in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key elements in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key elements in 2021 and 2026

• 4.7 Market situation 
• Exhibit 23: Chart on Market situation – Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments 
• Exhibit 24: Chart on Type – Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type – Market share 2021-2026 (%)

• 5.2 Comparison by Type 
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 F1 – Market dimension and forecast 2021-2026
• Exhibit 28: Chart on F1 – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 29: Data Table on F1 – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 30: Chart on F1 – Year-over-year progress 2021-2026 (%)
• Exhibit 31: Data Table on F1 – Year-over-year progress 2021-2026 (%)

• 5.4 NASCAR – Market dimension and forecast 2021-2026
• Exhibit 32: Chart on NASCAR – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 33: Data Table on NASCAR – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 34: Chart on NASCAR – Year-over-year progress 2021-2026 (%)
• Exhibit 35: Data Table on NASCAR – Year-over-year progress 2021-2026 (%)

• 5.5 Others – Market dimension and forecast 2021-2026
• Exhibit 36: Chart on Others – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 37: Data Table on Others – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 38: Chart on Others – Year-over-year progress 2021-2026 (%)
• Exhibit 39: Data Table on Others – Year-over-year progress 2021-2026 (%)

• 5.6 Market alternative by Type 
• Exhibit 40: Market alternative by Type ($ billion)

6 Customer Landscape

• 6.1 Customer panorama overview 
• Exhibit 41: Analysis of worth sensitivity, lifecycle, buyer buy basket, adoption charges, and buy standards

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparability 
• Exhibit 44: Chart on Geographic comparability
• Exhibit 45: Data Table on Geographic comparability

• 7.3 Europe – Market dimension and forecast 2021-2026
• Exhibit 46: Chart on Europe – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 47: Data Table on Europe – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 48: Chart on Europe – Year-over-year progress 2021-2026 (%)
• Exhibit 49: Data Table on Europe – Year-over-year progress 2021-2026 (%)

• 7.4 North America – Market dimension and forecast 2021-2026
• Exhibit 50: Chart on North America – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 51: Data Table on North America – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 52: Chart on North America – Year-over-year progress 2021-2026 (%)
• Exhibit 53: Data Table on North America – Year-over-year progress 2021-2026 (%)

• 7.5 APAC – Market dimension and forecast 2021-2026 
• Exhibit 54: Chart on APAC – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 55: Data Table on APAC – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 56: Chart on APAC – Year-over-year progress 2021-2026 (%)
• Exhibit 57: Data Table on APAC – Year-over-year progress 2021-2026 (%)

• 7.6 South America – Market dimension and forecast 2021-2026
• Exhibit 58: Chart on South America – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 59: Data Table on South America – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 60: Chart on South America – Year-over-year progress 2021-2026 (%)
• Exhibit 61: Data Table on South America – Year-over-year progress 2021-2026 (%)

• 7.7 Middle East and Africa – Market dimension and forecast 2021-2026 
• Exhibit 62: Chart on Middle East and Africa – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 63: Data Table on Middle East and Africa – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 64: Chart on Middle East and Africa – Year-over-year progress 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa – Year-over-year progress 2021-2026 (%)

• 7.8 UK – Market dimension and forecast 2021-2026
• Exhibit 66: Chart on UK – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 67: Data Table on UK – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 68: Chart on UK – Year-over-year progress 2021-2026 (%)
• Exhibit 69: Data Table on UK – Year-over-year progress 2021-2026 (%)

• 7.9 US – Market dimension and forecast 2021-2026
• Exhibit 70: Chart on US – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 71: Data Table on US – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 72: Chart on US – Year-over-year progress 2021-2026 (%)
• Exhibit 73: Data Table on US – Year-over-year progress 2021-2026 (%)

• 7.10 Japan – Market dimension and forecast 2021-2026
• Exhibit 74: Chart on Japan – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 75: Data Table on Japan – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 76: Chart on Japan – Year-over-year progress 2021-2026 (%)
• Exhibit 77: Data Table on Japan – Year-over-year progress 2021-2026 (%)

• 7.11 Germany – Market dimension and forecast 2021-2026
• Exhibit 78: Chart on Germany – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 79: Data Table on Germany – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 80: Chart on Germany – Year-over-year progress 2021-2026 (%)
• Exhibit 81: Data Table on Germany – Year-over-year progress 2021-2026 (%)

• 7.12 Italy – Market dimension and forecast 2021-2026
• Exhibit 82: Chart on Italy – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 83: Data Table on Italy – Market dimension and forecast 2021-2026 ($ billion)
• Exhibit 84: Chart on Italy – Year-over-year progress 2021-2026 (%)
• Exhibit 85: Data Table on Italy – Year-over-year progress 2021-2026 (%)

• 7.13 Market alternative by geography 
• Exhibit 86: Market alternative by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

9 Vendor Landscape

• 9.2 Vendor panorama 
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 89: Overview on elements of disruption

• 9.4 Industry dangers 
• Exhibit 90: Impact of key dangers on business

10 Vendor Analysis

• 10.1 Vendors lined 
• Exhibit 91: Vendors lined

• 10.2 Market positioning of distributors 
• Exhibit 92: Matrix on vendor place and classification

• 10.3 ABT Sportsline GmbH 
• Exhibit 93: ABT Sportsline GmbH – Overview
• Exhibit 94: ABT Sportsline GmbH – Product / Service
• Exhibit 95: ABT Sportsline GmbH – Key choices

• 10.4 Bryan Herta Autosport 
• Exhibit 96: Bryan Herta Autosport – Overview
• Exhibit 97: Bryan Herta Autosport – Product / Service
• Exhibit 98: Bryan Herta Autosport – Key choices

• 10.5 EXOR N.V. 
• Exhibit 99: EXOR N.V. – Overview
• Exhibit 100: EXOR N.V. – Product / Service
• Exhibit 101: EXOR N.V. – Key choices

• 10.6 Hendrick Motorsports LLC 
• Exhibit 102: Hendrick Motorsports LLC – Overview
• Exhibit 103: Hendrick Motorsports LLC – Product / Service
• Exhibit 104: Hendrick Motorsports LLC – Key choices

• 10.7 McLaren Group Ltd. 
• Exhibit 105: McLaren Group Ltd. – Overview
• Exhibit 106: McLaren Group Ltd. – Business segments
• Exhibit 107: McLaren Group Ltd. – Key choices
• Exhibit 108: McLaren Group Ltd. – Segment focus

• 10.8 Mercedes Benz Group AG 
• Exhibit 109: Mercedes Benz Group AG – Overview
• Exhibit 110: Mercedes Benz Group AG – Business segments
• Exhibit 111: Mercedes Benz Group AG – Key choices
• Exhibit 112: Mercedes Benz Group AG – Segment focus

• 10.9 Red Bull GmbH 
• Exhibit 113: Red Bull GmbH – Overview
• Exhibit 114: Red Bull GmbH – Product / Service
• Exhibit 115: Red Bull GmbH – Key choices

• 10.10 Speedway Motorsports LLC 
• Exhibit 116: Speedway Motorsports LLC – Overview
• Exhibit 117: Speedway Motorsports LLC – Product / Service
• Exhibit 118: Speedway Motorsports LLC – Key choices

• 10.11 Stellantis NV 
• Exhibit 119: Stellantis NV – Overview
• Exhibit 120: Stellantis NV – Business segments
• Exhibit 121: Stellantis NV – Key information
• Exhibit 122: Stellantis NV – Key choices
• Exhibit 123: Stellantis NV – Segment focus

• 10.12 Toyota Motor Corp 
• Exhibit 124: Toyota Motor Corp – Overview
• Exhibit 125: Toyota Motor Corp – Business segments
• Exhibit 126: Toyota Motor Corp – Key information
• Exhibit 127: Toyota Motor Corp – Key choices
• Exhibit 128: Toyota Motor Corp – Segment focus

11 Appendix

• 11.2 Inclusions and exclusions guidelines 
• Exhibit 129: Inclusions guidelines
• Exhibit 130: Exclusions guidelines

• 11.3 Currency conversion charges for US$ 
• Exhibit 131: Currency conversion charges for US$

• 11.4 Research methodology 
• Exhibit 132: Research methodology
• Exhibit 133: Validation methods employed for market sizing
• Exhibit 134: Information sources

• 11.5 List of abbreviations 
• Exhibit 135: List of abbreviations

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