GITNUX MARKETDATA REPORT 2024

Racing Industry Statistics

The Racing Industry Statistics provide insights into various factors such as race participation, betting trends, economic impact, and fan engagement within the racing industry.

Statistic 1

"In 2019, the global motorsport chain market size was approximately $4.18 billion."

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Statistic 2

"Roughly $36 billion is generated annually by thoroughbred horse racing industries in the U.S."

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Statistic 3

"Formula 1 is the most-watched motorsports event worldwide, with over 471 million unique televisions viewers in 2019."

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Statistic 4

"Around 1.6 million people went to horse races in Great Britain in 2018."

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Statistic 5

"53% of NASCAR fans are male, the highest proportion among all sports."

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Statistic 6

"There are almost 1,300 licensed greyhound racing tracks worldwide."

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Statistic 7

"Thoroughbred horse races ran a distance of around 666 million furlongs in 2020."

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Statistic 8

"In Australia, horse racing contributes around $9.5 billion to the economy every year."

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Statistic 9

"As of 2021, the Monaco Grand Prix generated up to €90 million in profits."

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Statistic 10

"Motorcycle racing has grown tremendously, from 50 million viewers in 2010 to over 300 million in 2020."

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Statistic 11

"In 2020, the online betting turnover for horse racing in Great Britain amounted to over £5 billion."

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Statistic 12

"7 out of 10 people consider safety as the most important aspect of Formula 1 racing."

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Statistic 13

"Over the past five years, the Car Race Track industry in the U.S. has grown by 3.1% to reach a revenue of $3bn in 2019."

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Statistic 14

"NASCAR generated about $661 million in media rights fees in 2020, down nearly 2% from the previous year."

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Statistic 15

"In 2020, the global motorcycle racing market reached $5.41 billion, up from nearly $4.85 billion in 2019."

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Statistic 16

"In 2019, motorsport sponsorship spend worldwide increased to approximately $5.75 billion."

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Statistic 17

"The Fédération Internationale de l'Automobile (FIA) Formula One World Championship has been one of the premier forms of racing around the world since its establishment in 1950."

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Statistic 18

"The US Horse racing industry supports approximately 1.4 million jobs directly and indirectly."

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Statistic 19

"The 2019 Daytona 500 attracted a television audience of 9.17 million viewers."

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