Motorsports Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2031)

The Global Motorsports Market Report is Segmented by Motorsport Type (Formula Racing, and More), by Revenue Source (Commercial Sponsorship & Advertising, Broadcasting & Media Rights, and More), by Audience Type (On-Site Spectators, Digital Viewers/Television Viewers), and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Motorsports Market Size and Share

Motorsports Market Size
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Motorsports Market Analysis by Mordor Intelligence

The Global Motorsports Market size is projected to be USD 10.01 billion in 2025, USD 11.45 billion in 2026, and reach USD 16.17 billion by 2031, growing at a CAGR of 7.15% from 2026 to 2031.

The Global motorsports market is expanding on the back of stronger sponsorship demand, a broader mix of paid media distribution, and sustained investment by large rights holders that are consolidating premium racing properties. Formula 1 remained the most visible commercial benchmark in 2025, reporting total revenue of USD 3.873 billion, up 14% year over year, with media rights, race promotion fees, and sponsorship advancing across its main revenue lines. The Global motorsports market is also being reshaped by audience behavior because official digital platforms, streaming access, and always-on social video now support fan demand beyond the physical circuit footprint, as seen in MotoGP’s record 632 million global fanbase in 2025. Europe continues to anchor the sport through deep promoter, team, and circuit infrastructure, while the Middle East is gaining commercial weight through recurring FIA world championship hosting and event-led sports tourism programs. A clear constraint remains cost inflation, as the FIA raised the 2026 Formula 1 cost cap to USD 215 million, keeping the upper end of the Global motorsports market attractive for major operators while making scale more important for commercial survival.[1]

Key Report Takeaways

  • By motorsport type, Formula Racing held 34.72% of the global motorsports market share in 2025, while Motorcycle & Two-Wheeler Racing is forecast to expand at 7.98% CAGR through 2031.
  • By revenue source, Commercial Sponsorship & Advertising accounted for 41.61% of the global motorsports market size in 2025, while Merchandising, Licensing & Gaming is projected to advance at 8.35% CAGR through 2031.
  • By audience type, Digital Viewers/Television Viewers led with 82.74% in 2025 and are also projected to record the fastest growth at 7.56% CAGR through 2031.
  • By geography, Europe accounted for 36.47% of the global motorsports market size in 2025, while the Middle East & Africa is forecast to grow at 8.92% CAGR through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Motorsport Type: Formula racing leads while two-wheeler formats add the strongest growth pace

Formula Racing accounted for 34.72% of the Global motorsports market share in 2025, which reflects the commercial scale and pricing power of Formula 1 at the top of the category. Formula 1 reported USD 3.873 billion in revenue in 2025, with media rights contributing 31.3%, race promotion fees contributing 26.7%, and sponsorship contributing 21.7%, which confirms how balanced and mature the formula-led business model has become. The category remains the commercial benchmark because its revenue is spread across broadcast, hosting, sponsorship, and live attendance, rather than concentrated in a single line. It also benefits from long planning horizons, which support multi-year team agreements, stable promoter relationships, and premium sponsor pricing. Within the Global motorsports market, formula-led formats therefore continue to define the valuation logic for high-end rights, even as newer growth pockets gain ground.

Motorcycle & Two-Wheeler Racing is the fastest-growing type segment, and the Global motorsports market size for this segment is projected to expand at 7.98% CAGR through 2031. Liberty Media completed the acquisition of Dorna Sports in July 2025 for USD 4.95 billion, giving MotoGP the backing of an owner that already knows how to scale live rights, digital subscriptions, and sponsorship programs globally. MotoGP closed 2025 with revenue of USD 573 million, operating income growth of 86%, a global fanbase of 632 million, and television audience growth of 9% per Grand Prix, which shows that the format combines scale with a still-developing monetization runway. Sports car and endurance racing also improved their standing through record event demand, with the 2026 24 Hours of Le Mans drawing 350,105 spectators and supporting the case for premium long-format racing. Stock car and touring car formats remain commercially important as well, especially in North America, where NASCAR’s official move into San Diego shows that established series are still reworking their formats and location strategies to reach new urban audiences.

Motorsports Market Share by Motorsport Type Segment, 2025
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Motorsports Market Share by Motorsport Type Segment, 2025

By Revenue Source: Sponsorship remains the base, while gaming and licensing bring the growth edge

Commercial Sponsorship & Advertising accounted for 41.61% of the Global motorsports market in 2025, making it the single largest revenue source across the supplied segmentation. Formula 1’s 2025 sponsorship revenue of USD 840.4 million shows why the category remains so important, because it combines premium pricing with room for digital extensions and multi-market partner rights. The category remains durable because brands no longer buy only logo visibility; instead, they buy access to live audiences, digital data, corporate hospitality, and branded content within the same rights package. Broadcasting and media rights remain the second core pillar, with NASCAR’s 2025 rights cycle showing that premium motorsport still commands larger checks from established broadcasters and streaming platforms. In the Global motorsports market, these two revenue lines continue to reinforce each other, as stronger audience reach increases sponsor value. In contrast, stronger sponsor ecosystems support the visibility and narrative depth that media buyers want.

Merchandising, Licensing & Gaming is the fastest-growing revenue source, projected to grow at a 8.35% CAGR through 2031. Motorsport Games said Le Mans Ultimate accounted for approximately 78% of total 2025 revenue, up sharply from 34% in the prior year, underscoring how quickly a well-positioned official game can shift the revenue mix for licensed motorsport content. This matters because gaming turns motorsport IP into a year-round commercial product rather than a weekend-only event business. Technical regulations and participation fees still add a stable contribution, but they do not offer the same scaling potential as digital licensing, consumer products, or interactive media. Across the Global motorsports market, the most valuable revenue portfolios are therefore becoming broader, with sponsorship, rights, hospitality, and gaming all working together rather than in isolation.

By Audience Type: Digital viewing dominates, while live attendance keeps premium value

Digital Viewers/Television Viewers accounted for 82.74% of the audience mix in 2025, and this segment is also the fastest growing, with a 7.56% CAGR through 2031. MotoGP’s 2025 season clearly supports that position, with a record 632 million fans, 9% growth in television audiences per Grand Prix, a 26% rise in sprint-race viewership, and more than 1 billion minutes consumed on the official YouTube channel. Ferrari’s official mobile platform adds a second proof point, because the IBM-supported relaunch delivered a 35% rise in cumulative downloads along with major gains in active users and content consumption. These numbers show that digital growth is not only about audience scale but also about collecting first-party data, building loyalty, and creating more sellable sponsor inventory. In the Global motorsports market, digital viewing now shapes commercial planning as much as circuit attendance does.

On-site Spectators remain the smaller audience segment by count, but they continue to produce high commercial density for leading events and promoters. Formula 1 recorded 6.75 million attendees across the 2025 season, while the 2026 Le Mans weekend drew a record 350,105 spectators, which confirms that flagship events still command destination-level travel demand. Live attendance matters because it anchors the most profitable combinations of ticketing, hospitality, food and beverage, corporate hosting, and branded merchandise in one place. It also gives teams and sponsors the physical setting they need for launches, partner events, and premium customer engagement. In the Global motorsports market, the strongest business model is not digital vs. live, but digital plus live, because each channel enhances the value of the other.

Motorsports Market Share by Audience Type Segment, 2025
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Geography Analysis

Europe accounted for 36.47% of the Global motorsports market in 2025, reflecting the region’s concentration of teams, circuits, engineering talent, and promoter infrastructure. Formula 1 strengthened that position further with official broadcast renewals in the UK and Ireland through 2034 and in Italy through 2032, which protects revenue visibility in two of the sport’s most established television markets. Endurance racing added another signal in 2026, when the 24 Hours of Le Mans set a new attendance record at 350,105 spectators. Europe also benefits from a layered racing ecosystem that stretches from local and national competition through to Formula 1 and the FIA World Endurance Championship. This keeps the Global motorsports market deeply rooted in Europe, even as some of the fastest incremental growth comes from other regions.

North America remains one of the most commercially powerful regions in the Global motorsports market because it supports Formula 1, NASCAR, and IndyCar at a meaningful scale. NASCAR’s media rights structure, which began in 2025, raised annual fees to USD 1.1 billion and expanded live distribution across traditional television and streaming, underscoring the depth of the United States as a premium domestic motorsport media market. IndyCar is also expanding its city presence through the 2026 Freedom 250 in Washington, D.C., and broader 2026 schedule additions in Arlington and Markham, which signal a clear push toward new urban event demand. NASCAR’s official move into San Diego adds to this pattern and suggests that organizers want more visible city-adjacent settings rather than relying solely on legacy venue economics. South America remains smaller in scale, but its continued place on the FIA World Endurance Championship calendar helps preserve regional relevance within the wider Global motorsports market.

The Middle East & Africa is forecast to expand at 8.92% CAGR through 2031, making it the fastest-growing regional segment in the Global motorsports market. The region’s position is being built through the repeat hosting of FIA World Championship events and high-visibility investment in sports tourism, destination branding, and circuit infrastructure. Asia-Pacific remains strategically important, as MotoGP already draws large official audiences across markets where two-wheeler culture is deeply embedded in everyday mobility and popular fandom, adding long-term monetization potential after Liberty Media acquires Dorna. This creates a meaningful regional split, with Asia-Pacific offering fan scale and the Middle East offering accelerated venue and host investment. Taken together, both regions are becoming more important to the future direction of the Global motorsports market, even though Europe still holds the largest current share.

Motorsports Market Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Competitive Landscape

The Global motorsports market operates with a noticeable split between promoter-led concentration and format-level diversity. Liberty Media now holds the commercial rights to both Formula 1 and MotoGP after closing the Dorna Sports acquisition in July 2025. The two series together accounted for USD 4.446 billion in 2025 revenue, based on the figures provided in the source base. That gives Liberty unusual leverage in sponsor discussions, content packaging, and long-range rights strategy at the top end of the sport. NASCAR Holdings, Penske Entertainment, and the Automobile Club de l’Ouest remain important because each controls a different format with its own audience behavior and partner ecosystem.

Strategic moves in the Global motorsports market increasingly show that competition is no longer limited to race calendars and team performance. IBM’s May 2026 rollout of new AI-powered Ferrari app features is a clear example, because it turned team digital infrastructure into a deeper fan retention and monetization tool rather than a simple information channel. Liberty Media’s acquisition of Dorna is a second example because it brings Formula 1 and MotoGP under a single commercial owner and opens the door to shared learning across media rights, sponsorship sales, and direct distribution. NASCAR’s official San Diego expansion is a third example because it shows how legacy racing properties are redesigning their location strategy to remain relevant to urban audiences and premium brand partners. Together, these moves show that competition in the Global motorsports market now includes rights ownership, digital capability, city access, and commercial storytelling.

Barriers to entry remain high in the Global motorsports market, especially when top-tier technical compliance and premium sponsor relationships are required simultaneously. The FIA’s 2026 Formula 1 cost cap of USD 215 million reinforces that reality, as even a regulated top series still demands substantial operating resources. At the same time, the market is not closed, because different racing formats still allow room for specialized operators, local promoters, and newer monetization models such as gaming and owned digital channels. That is why the competitive field remains active even when top rights are concentrated, since value can still be created through format identity, fan engagement, and targeted expansion. 

Motorsports Industry Leaders

  1. Liberty Media Corporation

  2. NASCAR Holdings, LLC

  3. Penske Entertainment Corp.

  4. Dorna Sports, S.L.

  5. Speedway Motorsports, LLC

  6. *Disclaimer: Major Players sorted in no particular order
Motorsports Market Concentration
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Recent Industry Developments

  • May 2026: IBM Corporation launched enhanced AI-powered features for the Scuderia Ferrari HP app using its watsonx platform; since the app's May 2025 relaunch, cumulative downloads rose 35%, average race-active users increased 56%, and content views grew 62%, establishing a measurable benchmark for AI-driven fan retention in motorsport.
  • April 2026: The FIA and Formula E unveiled the GEN4 car at Circuit Paul Ricard, the world's first 100% recyclable single-seater race car, generating 600 kW in Attack Mode, capable of 0–200 kph in 4.4 seconds, and built with at least 20% recycled carbon fibre and tyres made from 65% natural and recycled materials.
  • January 2026: IndyCar announced the Freedom 250 Grand Prix of Washington D.C. for August 21–23, 2026, designated by executive order as part of America's 250th anniversary celebrations, with the free-to-air street circuit event televised live on FOX Sports.
  • December 2025: MotoGP closed the 2025 season with a record global fanbase of 632 million, up 12%, TV audiences up 9% per Grand Prix, and sprint-race viewership surging 26% year over year; Liberty Media’s pro-forma integration confirmed MotoGP operating income grew 86% to USD 54 million on revenue of USD 573 million.

Table of Contents for Motorsports Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Global Sponsorship and Brand Activation Spend
    • 4.2.2 Expansion of Paid Streaming, Broadcast, and Digital Rights Monetization
    • 4.2.3 Growth in Premium Hospitality, VIP, and Experiential Ticketing
    • 4.2.4 Increased Electrification and Sustainability-Led Series Innovation
    • 4.2.5 Rising Data-Driven Fan Engagement and Direct-to-Consumer Monetization
    • 4.2.6 Cross-Category Commercialization Across Travel, Retail, and Gaming Ecosystems
  • 4.3 Market Restraints
    • 4.3.1 High Team, Venue, and Compliance Cost Inflation
    • 4.3.2 Dependence on A Small Set of Elite Sponsors and Host Venues
    • 4.3.3 Tightening Noise, Safety, and Environmental Restrictions
    • 4.3.4 Fan Fatigue in Saturated Mature Racing Calendars
  • 4.4 Value and Supply Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size and Growth Forecasts (USD,Value)

  • 5.1 By Motorsport Type
    • 5.1.1 Formula Racing
    • 5.1.2 Stock Car & Touring Car Racing
    • 5.1.3 Sportscar & Endurance Racing
    • 5.1.4 Motorcycle & Two-Wheeler Racing
    • 5.1.5 Others (Specialty & Drag Racing,Off-Road & Rally Racing)
  • 5.2 By Revenue Source
    • 5.2.1 Commercial Sponsorship & Advertising
    • 5.2.2 Broadcasting & Media Rights
    • 5.2.3 Merchandising, Licensing & Gaming
    • 5.2.4 Technical Regulations & Participation Fees
    • 5.2.5 Others (Hospitality & VIP Experiences, etc.)
  • 5.3 By Audience Type
    • 5.3.1 On-Site Spectators
    • 5.3.2 Digital Viewers/Television Viewers
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 South America
    • 5.4.2.1 Brazil
    • 5.4.2.2 Peru
    • 5.4.2.3 Chile
    • 5.4.2.4 Argentina
    • 5.4.2.5 Rest of South America
    • 5.4.3 Europe
    • 5.4.3.1 United Kingdom
    • 5.4.3.2 Germany
    • 5.4.3.3 France
    • 5.4.3.4 Spain
    • 5.4.3.5 Italy
    • 5.4.3.6 BENELUX (Belgium, Netherlands, and Luxembourg)
    • 5.4.3.7 NORDICS (Denmark, Finland, Iceland, Norway, and Sweden)
    • 5.4.3.8 Russia
    • 5.4.3.9 Rest of Europe
    • 5.4.4 Asia-Pacific
    • 5.4.4.1 India
    • 5.4.4.2 China
    • 5.4.4.3 Japan
    • 5.4.4.4 Australia
    • 5.4.4.5 South Korea
    • 5.4.4.6 South East Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, and Philippines)
    • 5.4.4.7 Rest of Asia-Pacific
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 United Arab Emirates
    • 5.4.5.2 Saudi Arabia
    • 5.4.5.3 South Africa
    • 5.4.5.4 Nigeria
    • 5.4.5.5 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Liberty Media Corporation
    • 6.4.2 NASCAR Holdings, LLC
    • 6.4.3 Penske Entertainment Corp
    • 6.4.4 General Motors Company (GM)
    • 6.4.5 Speedway Motorsports, LLC
    • 6.4.6 Automobile Club de l'Ouest (ACO)
    • 6.4.7 SRO Motorsports Group
    • 6.4.8 Ferrari S.p.A.
    • 6.4.9 Mercedes-Benz Group AG
    • 6.4.10 Volkswagen Group
    • 6.4.11 Red Bull GmbH
    • 6.4.12 McLaren Group Limited
    • 6.4.13 Aston Martin Lagonda Global Holdings plc
    • 6.4.14 Renault Group
    • 6.4.15 Ford Motor Company
    • 6.4.16 Stellantis N.V.
    • 6.4.17 Toyota Motor Corporation
    • 6.4.18 BMW Group
    • 6.4.19 Honda Motor Co., Ltd.
    • 6.4.20 Hyundai Motor Company

7. Market Opportunities and Future Outlook

  • 7.1 Market Opportunities
    • 7.1.1 Commercial Opportunities in Emerging Race Formats
    • 7.1.2 Sustainability-Led Partnership Opportunities
  • 7.2 White-Space and Unmet-Need Assessment

Global Motorsports Market Report Scope

By Motorsport Type
Motorsports Market segmentation breakdown
Formula Racing
Stock Car & Touring Car Racing
Sportscar & Endurance Racing
Motorcycle & Two-Wheeler Racing
Others (Specialty & Drag Racing,Off-Road & Rally Racing)
By Revenue Source
Motorsports Market segmentation breakdown
Commercial Sponsorship & Advertising
Broadcasting & Media Rights
Merchandising, Licensing & Gaming
Technical Regulations & Participation Fees
Others (Hospitality & VIP Experiences, etc.)
By Audience Type
Motorsports Market segmentation breakdown
On-Site Spectators
Digital Viewers/Television Viewers
By Geography
Motorsports Market segmentation breakdown
North America United States
Canada
Mexico
South America Brazil
Peru
Chile
Argentina
Rest of South America
Europe United Kingdom
Germany
France
Spain
Italy
BENELUX (Belgium, Netherlands, and Luxembourg)
NORDICS (Denmark, Finland, Iceland, Norway, and Sweden)
Russia
Rest of Europe
Asia-Pacific India
China
Japan
Australia
South Korea
South East Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, and Philippines)
Rest of Asia-Pacific
Middle East and Africa United Arab Emirates
Saudi Arabia
South Africa
Nigeria
Rest of Middle East and Africa
Motorsports Market segmentation breakdown
By Motorsport Type Formula Racing
Stock Car & Touring Car Racing
Sportscar & Endurance Racing
Motorcycle & Two-Wheeler Racing
Others (Specialty & Drag Racing,Off-Road & Rally Racing)
By Revenue Source Commercial Sponsorship & Advertising
Broadcasting & Media Rights
Merchandising, Licensing & Gaming
Technical Regulations & Participation Fees
Others (Hospitality & VIP Experiences, etc.)
By Audience Type On-Site Spectators
Digital Viewers/Television Viewers
By Geography North America United States
Canada
Mexico
South America Brazil
Peru
Chile
Argentina
Rest of South America
Europe United Kingdom
Germany
France
Spain
Italy
BENELUX (Belgium, Netherlands, and Luxembourg)
NORDICS (Denmark, Finland, Iceland, Norway, and Sweden)
Russia
Rest of Europe
Asia-Pacific India
China
Japan
Australia
South Korea
South East Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, and Philippines)
Rest of Asia-Pacific
Middle East and Africa United Arab Emirates
Saudi Arabia
South Africa
Nigeria
Rest of Middle East and Africa

Key Questions Answered in the Report

What is the 2031 outlook for the Global motorsports market?

The Global motorsports market is expected to reach USD 16.17 billion by 2031 from USD 11.45 billion in 2026, at a CAGR of 7.15%.

Which racing format leads revenue generation today?

Formula Racing led by motorsport type with 34.72% share in 2025, supported by Formula 1’s broad mix of media rights, race promotion, sponsorship, and live attendance.

Why is sponsorship still so important in motorsport?

Sponsorship remains the largest revenue source at 41.61% in 2025, and Formula 1 alone generated USD 840.4 million in sponsorship revenue in 2025

What is driving the rise of two-wheeler racing?

Motorcycle & Two-Wheeler Racing is the fastest-growing motorsport type at 7.98% CAGR, supported by Liberty Media’s USD 4.2 billion acquisition of Dorna and MotoGP’s 632 million fanbase in 2025.

Which region is growing the fastest?

Middle East & Africa is projected to expand at 8.92% CAGR through 2031, supported by repeat FIA championship hosting and continued sports tourism investment.

How important are digital fans to future monetization?

Digital Viewers/Television Viewers accounted for 82.74% of the audience mix in 2025 and remain the fastest-growing audience group at 7.56% CAGR, while MotoGP and Ferrari both reported strong official digital engagement growth.

Page last updated on: