{"id":88610,"date":"2026-10-23T08:55:00","date_gmt":"2026-10-23T08:55:00","guid":{"rendered":"https:\/\/english.saigonbiz.com\/vn\/?p=88610"},"modified":"2026-10-25T01:57:06","modified_gmt":"2026-10-25T01:57:06","slug":"motorsports-market-to-hit-usd-16-17-billion-by-2031-as-streaming-and-digital-rights-expand-says-mordor-intelligence","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/motorsports-market-to-hit-usd-16-17-billion-by-2031-as-streaming-and-digital-rights-expand-says-mordor-intelligence\/","title":{"rendered":"Motorsports Market to Hit USD 16.17 Billion by 2031 as Streaming and Digital Rights Expand, says Mordor Intelligence"},"content":{"rendered":"

The global motorsports market is growing at a 7.15% CAGR from 2026 to 2031, with Europe accounting for 36.47% of the market share.<\/em><\/p>\n

Hyderabad, India, Oct. 23, 2026 (GLOBE NEWSWIRE) — According to Mordor Intelligence, the motorsports market s<\/b>ize<\/b><\/a> is projected to increase from USD 11.45 billion in 2026<\/b> to USD 16.17 billion by 2031<\/b>, reflecting a 7.15% CAGR<\/b> from 2026 to 2<\/b>031<\/b>. The market is gaining momentum from stronger sponsorship demand, expanding media distribution, and continued investment in leading racing properties. Formula 1 remains a major commercial benchmark, supported by strong media rights, sponsorship, and race promotion activity. MotoGP is also expanding its global reach through digital platforms, streaming access, and stronger fan engagement. Europe remains a major motorsports hub, supported by established circuits, teams, promoters, and racing infrastructure, while the Middle East is strengthening its position through international racing events and sports tourism.\u00a0\u00a0<\/p>\n

Motorsports Market Growth Drivers<\/b>\u00a0<\/p>\n

Premium hospitality and experiential ticketing strengthen motorsports revenue<\/b>\u00a0<\/p>\n

Premium hospitality is becoming an important revenue stream in the global motorsports market as major racing events offer experiences that go beyond traditional race attendance. Formula 1 and endurance racing are expanding VIP packages with premium seating, paddock access, exclusive dining, corporate networking, and entertainment. These experiences allow promoters to generate higher value from event visitors while creating attractive spaces for sponsors and partners to engage with high-value audiences. The growing focus on experiential ticketing is also helping racing events strengthen fan loyalty and differentiate premium offerings.\u00a0<\/p>\n

Rising sponsorship and brand activation opportunities<\/b>\u00a0<\/p>\n

Sponsorship is becoming an increasingly important growth driver in the Global Motorsports Market as racing properties offer brands more ways to connect with audiences. Formula 1 and MotoGP are expanding partnerships beyond traditional trackside branding into digital content, mobile experiences, technology collaborations, and fan engagement campaigns. These initiatives give sponsors greater visibility while providing measurable opportunities to interact with racing audiences. The growing use of digital platforms is also helping teams and rights holders deliver more targeted brand experiences, making motorsports sponsorship increasingly attractive to global brands.\u00a0<\/p>\n

Electrification and sustainability drive motorsports innovation<\/b>\u00a0<\/p>\n

Electrification is creating new opportunities for innovation in the Global Motorsports Market by combining racing performance with sustainability goals. Formula E is advancing electric racing technology through more efficient vehicles, recyclable materials, and sustainable components. These developments are helping motorsports align more closely with environmental priorities while giving teams and manufacturers opportunities to test new technologies. Sustainability is also becoming increasingly relevant for sponsors, host cities, and event organizers, strengthening the long-term commercial appeal of environmentally focused racing formats.\u00a0<\/p>\n

Jayveer V, Senior Research Manager, Mordor Intelligence says, <\/i><\/b>\u201cMordor Intelligence\u2019s research on the global motorsports market combines market data, industry developments, and company-level insights to <\/i>provide<\/i> a balanced view of market dynamics. This supports informed decisions on growth opportunities, competitive positioning, and evolving commercial trends.\u201d<\/i>\u00a0<\/p>\n

Key Racing Series Driving the Global Motorsports Market<\/b>\u00a0<\/p>\n

Formula 1<\/b>\u00a0<\/p>\n

Formula 1 represents a major part of the motorsports market, supported by strong media, sponsorship, and race promotion activity.\u00a0\u00a0<\/p>\n

MotoGP<\/b>\u00a0<\/p>\n

MotoGP forms part of the Motorcycle & Two-Wheeler Racing segment and contributes to the market through expanding global audience engagement, media coverage, and sponsorship opportunities.\u00a0<\/p>\n

NASCAR<\/b>\u00a0<\/p>\n

NASCAR is covered within the Stock Car & Touring Car Racing segment. Its evolving media distribution and audience engagement initiatives contribute to the wider development of the motorsports market.\u00a0<\/p>\n

Major Segments Highlighted in Motorsports Market<\/b> Report<\/b>\u00a0<\/p>\n

By Motorsport Type<\/b><\/p>\n