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Future of Motorsports Market: Electric Vehicles, The Thrill,

Motorsports Market The Global Motorsports Market reached USD 5.2 billion in 2022 and is expected to reach USD 9.29 billion by 2030, growing with a CAGR of 7.8% during the forecast period 2024-2031. Motorsports Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed […]

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Motorsports Market

Motorsports Market

The Global Motorsports Market reached USD 5.2 billion in 2022 and is expected to reach USD 9.29 billion by 2030, growing with a CAGR of 7.8% during the forecast period 2024-2031.

Motorsports Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

Request a Free Sample PDF of This Report (Corporate Email IDs Receive Priority Service): https://www.datamintelligence.com/download-sample/motorsports-market?kb

Motorsports refers to competitive events where vehicles, typically powered by engines, race against each other, often on closed tracks or designated courses. These events include various categories, such as car racing (Formula 1, NASCAR), motorcycle racing (MotoGP), rallying, and off-road racing. Motorsports are recognized for their high-speed, technical expertise, precision driving, and engineering innovation.

List of the Key Players in the Motorsports Market:

Ferrari S.p.A, Mercedes-Benz GmbH, Red Bull GmbH, McLaren Automotive Limited, Aston Martin Racing, Audi Sport, Dempsey-Proton Racing, e.dams-Renault, Extreme Speed Motorsports and Force India.

Industry Developments:

On April 25, 2022, TVS Motor Company, a leading Indian two-wheeler manufacturer, announced a partnership with PETRONAS, a global energy group, to sponsor TVS Racing, India’s premier factory racing team.

On March 30, 2023, EETech, a global leader in technological data, communities, and eCommerce in the automation and electronics industries, confirmed its partnership with RWR and Team SR2’s #51 Indy car in the NTT INDYCAR SERIES, which is broadcast across 223 markets in 142 countries, featuring 17 events in North America.

On March 3, 2022, BWR Motorsports GmbH introduced advanced technology that enables critical tire Dynamic Mechanical Analysis (DMA) tests on the racetrack. The MOTITE portable tire testing equipment offers race teams in series like Formula One and WEC the ideal solution to assess tire grip and performance on track.

Research Process:

Both primary and secondary data sources have been used in the global Motorsports Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Make an Enquiry for purchasing this Report @ https://www.datamintelligence.com/enquiry/motorsports-market?kb

Segment Covered in the Motorsports Market:

By Type: 4-Wheelers, 2-Wheelers

By Channel: Broadcasting, Ticketing, Advertiser/Sponsorship, Race Host Fees, Merchandizing, Others

By Race Series: Formula Racing, Speedway/Sprint Car, Hill climb, Touring Car Racing, Off-Road Racing, Rally Racing, Rallycross, Stock Car Racing, Drag Racing, Kart Racing, Others

Regional Analysis for Motorsports Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

Speak to Our Analyst and Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/motorsports-market?kb

People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Motorsports market?

➠ Who are the leading manufacturers in the global Motorsports industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Motorsports industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Motorsports market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

Stay informed with the latest industry insights-start your subscription now: https://www.datamintelligence.com/reports-subscription?kb

Contact Us –

Company Name: DataM Intelligence

Contact Person: Sai Kiran

Email: Sai.k@datamintelligence.com

Phone: +1 877 441 4866

Website: https://www.datamintelligence.com

About Us –

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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Motorsports

School mental health bill deserves green flag, but racetrack plan should remain on pit road | Editorials

Last week, the U.S. House of Representatives passed a sweeping spending bill that would enact the White House’s policy agenda. Passed on a razor’s-edge 215-214 vote, the federal budget bill delivers new tax breaks on tips and car loans, and boosts spending on the military and border enforcement. But it also reduces funding for non-defense […]

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Last week, the U.S. House of Representatives passed a sweeping spending bill that would enact the White House’s policy agenda.

Passed on a razor’s-edge 215-214 vote, the federal budget bill delivers new tax breaks on tips and car loans, and boosts spending on the military and border enforcement. But it also reduces funding for non-defense programs, impacting social programs, schools and hospitals.

Access to mental health resources improves the safety, well-being and academic success of students. In order to help the school-based mental health workforce, Indiana Sen. Todd Young and two Senate colleagues have reintroduced the Mental Health Excellence in Schools Act.

The American School Counselor Association recently reported that Indiana has a student-to-counselor ratio of 694 to 1 — the highest in the country. Schools employed about 1,500 counselors statewide for more than 1 million students.

The legislation is a needed step forward to addressing critical workforce shortages, expanding access to comprehensive school-based mental health services — especially for students in underserved communities.

But another bill co-authored by Young — the Motorsports Fairness and Permanency Act — intends to give taxpayer handouts to motorsports facilities. Congress shouldn’t allow this one out of pit lane.

Most racetracks are small operations that don’t generate huge amounts of economic activity, and large tracks that host IndyCar and NASCAR events earn big payouts just one or two weekends per year. Congress shouldn’t give a special tax preference to motorsports facilities. Instead, it should pass comprehensive tax benefits that help businesses around the country.

The Motorsports Fairness and Permanency Act concerns depreciation schedules under the tax code. Many of the investments that motorsports facilities make have long depreciation schedules that could stretch out over decades. Beginning in 2004, Congress made a temporary carveout for racetracks that reduced that to seven years, allowing them to write off their investments faster.

But in 2017, the Tax Cuts and Jobs Act made the shortened period of seven years irrelevant by allowing businesses to write off 100% of the cost of many investments immediately, including those made by racetracks.

If Congress wants to encourage all businesses to make capital investments, it can do it in the One Big Beautiful Bill Act now before the Senate. A permanent and fair tax code, with depreciation schedules for all businesses, would better serve the country than writing side deals for individual industries such as motorsports.

The Mental Health Excellence in Schools Act, on the other hand, underscores concern for students grappling with mental health challenges at unprecedented levels. Lawmakers must listen to school professionals and act boldly on this bill. The nation’s students, particularly those in Indiana, depend on it.



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How to watch Sunday’s Cup race at Nashville: Start time, TV info and weather

After completing its longest distance of the season in the Coca-Cola 600, the NASCAR Cup Series will race Sunday at Nashville Superspeedway, which produced its longest race in duration last year. The 2024 race lasted a marathon 4 hours, 3 minutes and 54 seconds because of five overtimes that extended the distance by 31 laps […]

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After completing its longest distance of the season in the Coca-Cola 600, the NASCAR Cup Series will race Sunday at Nashville Superspeedway, which produced its longest race in duration last year.

The 2024 race lasted a marathon 4 hours, 3 minutes and 54 seconds because of five overtimes that extended the distance by 31 laps — an OT record for the Cup Series.

Joey Logano capitalized on his sterling fuel conservation to earn the victory that locked the No. 22 Ford into a playoff run to last year’s championship. Logano, Kyle Larson (two) and Denny Hamlin (three) have won the past six Cup races on concrete surfaces.

Larson is the only Cup driver with four top 10s at Nashville since the track returned to the circuit in 2021. The Hendrick Motorsports star’s has a personal-best average finish of 4.5 at Nashville.

Halfway through the 26-race regular season, eight drivers have clinched playoff spots with victories. Coke 600 winner Ross Chastain became the third driver in the past four races to earn his first victory of 2025.

NASCAR Cup Series All-Star Pit Road Qualifying Entry/Exit Practice (Open)

AJ Allmendinger enters Nashville after finishing a season-best fourth in the Coca-Cola 600.


Details for Sunday’s Cup race at Nashville Superspeedway

(All times Eastern)

START: The command to fire engines will be given at 7:09 p.m. … The race is scheduled to begin at 7:19 p.m.

PRERACE: The Cup garage will open at 4 p.m. … Driver introductions are at 6:30 p.m. … The invocation will be given at 7:01 p.m. … The national anthem will be performed by Sgt. Elizabeth Marino, 2D Marine Aircraft Wing Band at 7:02 p.m.

DISTANCE: The race is 300 laps (399 miles) on the 1.333-mile oval.

STAGES: Stage 1 ends at Lap 90. Stage 2 ends at Lap 185.

ENTRY LIST: Click here for the 39 cars entered at Charlotte.

TV/RADIO: Prime will broadcast the race starting at 6:30 p.m. … Performance Racing Network and SiriusXM NASCAR Radio will have radio coverage.

FORECAST: WeatherUnderground — Partly cloudy with scattered thunderstorms in the afternoon, a high of 83 degrees and winds from the west at 5 to 10 mph with a 40 percent chance of rain. It’s expected to be 80 degrees with a 24 percent chance of rain at the start of the Cup race.

LAST TIME: In a key moment during his championship season, Joey Logano seized the lead in the third overtime and hung on to lead the final nine laps through two more overtime restarts.





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12-year-old New Orleans native finding success in racing | More

Tyrone Kemper Jr. began racing go-karts at NOLA Motorsports Park in Avondale, Louisiana, when he was six years old, and the sport has turned into passion for the 12-year-old. He currently competes nationally against some of the best young drivers on the national kart racing circuit. Kemper is a New Orleans native who began racing […]

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Tyrone Kemper Jr. began racing go-karts at NOLA Motorsports Park in Avondale, Louisiana, when he was six years old, and the sport has turned into passion for the 12-year-old.

He currently competes nationally against some of the best young drivers on the national kart racing circuit.

Kemper is a New Orleans native who began racing for fun with the help of his dad. What started out as a way for a father and son to spend time together has turned into the pursuit of a professional racing career.

After showing steady improvement over the last six years, Kemper now travels throughout the country to compete in various kart races and has multiple national wins to his name.

“I’m most proud of (Kemper Jr.’s) perseverance,” Tyrone Kemper Sr. said. “When we started coming here (to NOLA Motorsports Park), it was only a father and son thing. It was never meant to be where we are today. Once we started traveling and racing, I’ve seen him progress and progress.”

The Kempers travel with a trailer stocked full of karts and the necessary parts to race in national events. The racing facility at NOLA Motorsports Park has given Kemper Jr. the time to practice and improve his skills behind the wheel.

“I’ve learned a bunch throughout my six years of racing,” Kemper Jr. said. “Learning how to race and sometimes as a mechanic on the kart. A lot of that help came from my dad having me help with tires and if he needs help taking things apart or putting stuff back together.”

12-year-old New Orleans native Tyrone Kemper Jr. has found success as a racer. He started out racing go-karts at NOLA Motorsports Park when he was six years old. Submitted

After competing in his first regional kart race when he was 8, Kemper Jr. was forced to move to bigger karts at age 9 due to his above average height, which meant he had to race against kids older than him.

Kemper Jr. most recently competed at the SKUSA Pro Tour in Cincinnati during Memorial Day weekend. He finished fourth on Saturday and eighth on Sunday against fields of over 40 drivers.

“I was one of the tallest drivers on the track, which affected me a lot when I was younger,” Kemper Jr. said. “I was worried (about racing older drivers), but it now feels more common to race with them. Saturday (in Cincinnati) was a really good day. I was fast all day.”

Next up for Kemper Jr. is a trip to Amarillo, Texas, as part of a championship battle that could result in a free ticket to compete in the SKUSA SuperNationals. His passion for racing began while watching Formula 1.

“My passion really came from F1, seeing all these drivers go really fast,” Kemper Jr. said. “I told my dad I wanted to do it, so he brought me out (to NOLA Motorsports Park) and bought a go-kart. We were planning on doing it for fun, but we ended up getting deep into racing. My dad helps me stay motivated even if it gets hard at times.”

Kemper Jr. attends school at Lycee Francais in Uptown New Orleans and speaks French fluently. The Kempers plan on traveling to France next year to race.

“My French is really going to help over there,” Kemper Jr. said. “(Lycee Francais) is really helping me balance racing and school. I’ll be doing my homework and anything that I’ve missed, and I’ll be doing that all weekend after we get back (from racing).”

Tyrone Kemper Jr. stands next to his kart with his dad Tyrone Sr. before a race at NOLA Motorsports Park. Submitted

The Kempers are a first-generation racing family. They credit NOLA Motorsports Park and the local racing community for support.

“NOLA Motorsports Park is where our heart is at,” Kemper Sr. “That’s what helps keep us going. You can’t really buy that time you spend with your family. Having that one-on-one time in the truck, it means everything. We’ve been welcomed with open arms into the culture of racing.”

Competing in high level kart racing has proved challenges at times due to financial requirements. Kemper Sr. puts the money he earns working into Kemper Jr.’s racing career.

“Financial is what holds us back,” Kemper Sr. said. “We can’t afford to have two motors and a new chassis every weekend. We have to use what we have, but we’re competing. We have NOLA Motorsports to practice (on track). We’re going to (race) until we can’t do it anymore.”

Kemper Sr. is originally from Chicago but has been living in the New Orleans area since the 1990s. He and Kemper Jr. bring New Orleans cuisine with them when traveling to races.

“We bring our culture with us everywhere,” Kemper Sr. said. “We bring shrimp to the races up north, we bring gumbo. We bring a lot of New Orleans with us, and we’re known for being competitive. It’s been positive for us. Where we are now, we’re in a good spot.”



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Time, TV channel. How to watch on Amazon Prime

College World Series; Women’s College World Series; NFL OTAs | 2MD College baseball’s 64-team tournament is set to begin; the Women’s College World Series is down to 8 teams; Dolphins, Jaguars, Bucs OTAs. For Week 14 of the Cup Series schedule, NASCAR returns to the scene of one of its wackiest races of 2024: Nashville […]

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For Week 14 of the Cup Series schedule, NASCAR returns to the scene of one of its wackiest races of 2024: Nashville Superspeedway.

No, it’s not really Nashville, but 30 miles east in Lebanon. But like actual Nashville, some practical unknowns can find instant stardom.

Or not.

Watch NASCAR live on Amazon Prime Video

Nashville Superspeedway is where Zane Smith came oh-so-close to winning last year. Joey Logano beat him to the stripe by less than a tenth of a second.

In the fifth overtime.

Can’t promise that kind of excitement this week, but you never know.

Also, keep in mind, this is the second week of Amazon Prime’s five-week run broadcasting the Cup races. That’s good news for Prime subscribers, because last week’s product was really good and you figure that’ll continue.

It could be decent news for non-subscribers, too, if they take advantage of the monthlong free trial of Prime. Just remember to cancel within 30 days if you don’t get hooked on some of Prime’s other offerings.

Friday: Trucks, trucks and more trucks

4:05 p.m.: Truck Series practice (FS1).

5:10: Truck Series qualifying (FS1).

8: Truck Series, Rackley Roofing 200 (FS1).

Saturday: Xfinity Series does it all, NASCAR Cup Series cars tee up a lineup

2:05 p.m.: Xfinity Series practice (CW app).

3:10: Xfinity Series qualifying (CW app).

4:30: Cup Series practice (Prime).

5:40: Cup Series qualifying (Prime).

7:30: Xfinity Series, Tennessee Lottery 250 (CW).

Sunday: Week 14 for Cup Series, Week 2 for Amazon Prime Video

7 p.m.: Cup Series, Cracker Barrel 400 (Prime).



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12-year-old New Orleans native finding success in racing | More

Tyrone Kemper Jr. began racing go-karts at NOLA Motorsports Park in Avondale, Louisiana, when he was six years old, and the sport has turned into passion for the 12-year-old. He currently competes nationally against some of the best young drivers on the national kart racing circuit. Kemper is a New Orleans native who began racing […]

Published

on


Tyrone Kemper Jr. began racing go-karts at NOLA Motorsports Park in Avondale, Louisiana, when he was six years old, and the sport has turned into passion for the 12-year-old.

He currently competes nationally against some of the best young drivers on the national kart racing circuit.

Kemper is a New Orleans native who began racing for fun with the help of his dad. What started out as a way for a father and son to spend time together has turned into the pursuit of a professional racing career.

After showing steady improvement over the last six years, Kemper now travels throughout the country to compete in various kart races and has multiple national wins to his name.

“I’m most proud of (Kemper Jr.’s) perseverance,” Tyrone Kemper Sr. said. “When we started coming here (to NOLA Motorsports Park), it was only a father and son thing. It was never meant to be where we are today. Once we started traveling and racing, I’ve seen him progress and progress.”

The Kempers travel with a trailer stocked full of karts and the necessary parts to race in national events. The racing facility at NOLA Motorsports Park has given Kemper Jr. the time to practice and improve his skills behind the wheel.

“I’ve learned a bunch throughout my six years of racing,” Kemper Jr. said. “Learning how to race and sometimes as a mechanic on the kart. A lot of that help came from my dad having me help with tires and if he needs help taking things apart or putting stuff back together.”







Tyrone Kemper Jr. w helmet

12-year-old New Orleans native Tyrone Kemper Jr. has found success as a racer. He started out racing go-karts at NOLA Motorsports Park when he was six years old.




After competing in his first regional kart race when he was 8, Kemper Jr. was forced to move to bigger karts at age 9 due to his above average height, which meant he had to race against kids older than him.

Kemper Jr. most recently competed at the SKUSA Pro Tour in Cincinnati during Memorial Day weekend. He finished fourth on Saturday and eighth on Sunday against fields of over 40 drivers.

“I was one of the tallest drivers on the track, which affected me a lot when I was younger,” Kemper Jr. said. “I was worried (about racing older drivers), but it now feels more common to race with them. Saturday (in Cincinnati) was a really good day. I was fast all day.”

Next up for Kemper Jr. is a trip to Amarillo, Texas, as part of a championship battle that could result in a free ticket to compete in the SKUSA SuperNationals. His passion for racing began while watching Formula 1.

“My passion really came from F1, seeing all these drivers go really fast,” Kemper Jr. said. “I told my dad I wanted to do it, so he brought me out (to NOLA Motorsports Park) and bought a go-kart. We were planning on doing it for fun, but we ended up getting deep into racing. My dad helps me stay motivated even if it gets hard at times.”

Kemper Jr. attends school at Lycee Francais in Uptown New Orleans and speaks French fluently. The Kempers plan on traveling to France next year to race.

“My French is really going to help over there,” Kemper Jr. said. “(Lycee Francais) is really helping me balance racing and school. I’ll be doing my homework and anything that I’ve missed, and I’ll be doing that all weekend after we get back (from racing).”







Tyrone Kemper Sr. and Jr.

Tyrone Kemper Jr. stands next to his kart with his dad Tyrone Sr. before a race at NOLA Motorsports Park.




The Kempers are a first-generation racing family. They credit NOLA Motorsports Park and the local racing community for support.

“NOLA Motorsports Park is where our heart is at,” Kemper Sr. “That’s what helps keep us going. You can’t really buy that time you spend with your family. Having that one-on-one time in the truck, it means everything. We’ve been welcomed with open arms into the culture of racing.”

Competing in high level kart racing has proved challenges at times due to financial requirements. Kemper Sr. puts the money he earns working into Kemper Jr.’s racing career.

“Financial is what holds us back,” Kemper Sr. said. “We can’t afford to have two motors and a new chassis every weekend. We have to use what we have, but we’re competing. We have NOLA Motorsports to practice (on track). We’re going to (race) until we can’t do it anymore.”

Kemper Sr. is originally from Chicago but has been living in the New Orleans area since the 1990s. He and Kemper Jr. bring New Orleans cuisine with them when traveling to races.

“We bring our culture with us everywhere,” Kemper Sr. said. “We bring shrimp to the races up north, we bring gumbo. We bring a lot of New Orleans with us, and we’re known for being competitive. It’s been positive for us. Where we are now, we’re in a good spot.”



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Audience skews younger for Prime’s first NASCAR race

CHARLOTTE, N.C. — Sunday night’s Coca-Cola 600 averaged 2.72 million viewers as Amazon Prime Video’s first NASCAR race. The Cup Series race, which was won by Trackhouse Racing’s Ross Chastain, was the third-highest-watched NASCAR race this season not carried by Fox. FS1 averaged 2.89 million viewers for the March 16 race at Las Vegas Motor […]

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CHARLOTTE, N.C. — Sunday night’s Coca-Cola 600 averaged 2.72 million viewers as Amazon Prime Video’s first NASCAR race.

The Cup Series race, which was won by Trackhouse Racing’s Ross Chastain, was the third-highest-watched NASCAR race this season not carried by Fox. FS1 averaged 2.89 million viewers for the March 16 race at Las Vegas Motor Speedway and 2.84 million for the March 9 race at Phoenix Raceway.

Fox Sports had the first 12 races of the season, with eight carried on FS1. Last year’s Coca-Cola 600 on Fox averaged 3.2 million viewers.

The Coca-Cola 600, held at Charlotte Motor Speedway in Concord, North Carolina, is NASCAR’s longest race each season, one of the Cup Series’ crown jewel events and part of big Sunday for motorsports television on Memorial Day weekend. The Cup Series race caps a day that begins with Formula 1’s Monaco Grand Prix as a morning telecast for viewers on the East Coast of the U.S., then continues with IndyCar’s Indianapolis 500 in the afternoon.

According to Nielsen, the audience for Sunday night’s race peaked at 2.92 million viewers near the midway point.

Prime Video’s audience had an average age of 55.8 years, which is more than six years younger than the average median age of viewers watching Cup Series races on linear TV (61.9).

The 67-minute post-race show averaged 1.04 million viewers and peaked at 1.26 million.

This was the first of five races Prime will carry this season.

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