This statistic illustrates the number of Formula One (F1) racing TV viewers worldwide from 2008 to 2021. According to the source, the global audience for Formula One in 2021 stood at *** million viewers, an increase of roughly three percent to the previous year.
The average number of Formula One (F1) racing TV viewers worldwide per Grand Prix in 2021 stood at **** million. This represents a decrease from the previous year's average value of **** million viewers per Grand Prix.
The 2024 F1 World Championship attracted an average TV audience of 1.1 million in the United States, representing no change on the previous year. Meanwhile, the 2022 F1 season drew an average U.S. TV audience of 1.2 million, representing an all-time record.
In the U.S., the average Formula 1 viewership per race generally increased between 2017 and 2023, reaching over *** million in 2022 and 2023. While the number decreased during 2020 due to the Covid-19 pandemic, the figure grew again after that year.
The share of female viewers of Formula One in the United Kingdom increased in 2021 compared to the previous year. In 2021, just over ********* of F1 viewers were female, up from ** percent in 2020.
In 2024, the Miami Grand Prix was watched by a U.S. TV audience of over three million, making it the most-watched race of the season. Meanwhile, the Monaco Grand Prix drew a TV audience of around 1.94 million.
This statistic illustrates the percentage increase in Formula One (F1) racing TV viewers over the previous year in selected countries worldwide in 2020. According to the source, the TV audience for Formula One in China grew by ** percent in 2020.
Home of the British Grand Prix, the Formula One grand prix at Silverstone unsurprisingly drew a large average live television audience in the United Kingdom. Just under **** million UK viewers tuned in to watch the race at Silverstone in 2021, which was broadcast both on Sky Sports and Channel 4.
This little file aggregates ratings of Formula 1 races as published at racefans.net. It is particularly interesting because of ongoing discussion about the lack of action in Formula 1.
The data set describes all F1 races since 2008
The data has been collected from racefans.net and merged with race details from ergast.com
Is F1 really less interesting recently ? Is the F1 race interesting because of action on the track or just drivers with celebrity status ?
A November 2022 survey in Great Britain revealed that around ** percent of avid Formula One fans in the country were aged 55 or older. Meanwhile, ********* of avid F1 fans were aged between 18 and 29.
In 2025, younger adults in the United States tended to have more interest in Formula One, with ** percent of people aged between 18 and 29 following the racing series closely. Meanwhile, only ***** percent of those aged 65 and over did the same.
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The global motorsports market, while exhibiting a modest Compound Annual Growth Rate (CAGR) of 1.5% since 1995, is poised for continued expansion through 2033. Driven by increasing global media consumption, particularly through streaming services and digital platforms, broadcasting revenue remains a significant contributor to overall market value. The rising popularity of esports and virtual racing simulations further fuels this growth, attracting a younger demographic and broadening the fan base. Sponsorship and advertising revenue also play a crucial role, with major automotive brands and energy companies heavily invested in team sponsorships and trackside advertising. While the traditional venue-based racing continues to be dominant, the increasing accessibility of motorsports through online platforms is transforming the consumption patterns, leading to the emergence of new revenue streams. Segmentation by revenue type (broadcasting, ticketing, merchandising, advertising/sponsorship, and other) provides a granular understanding of the market dynamics. North America and Europe are currently the largest regional markets, though Asia-Pacific shows considerable potential for future growth as disposable incomes rise and the motorsports culture gains traction. Challenges include maintaining audience engagement in a competitive entertainment landscape, as well as addressing environmental concerns related to fuel consumption and emissions. Despite a relatively low historical CAGR, strategic investments in digital platforms and immersive fan experiences are expected to accelerate market growth in the coming years. The continued involvement of major automotive manufacturers such as Mercedes-Benz, Ferrari, and Red Bull Racing, along with successful racing teams like Hendrick Motorsports and Team Penske, ensures significant investment and innovation within the industry. Geographic expansion into emerging markets and diversification of revenue streams will be critical factors in achieving sustained growth. The integration of technology, such as advanced analytics and data-driven decision-making, will continue to optimize team performance and enhance the fan experience, further boosting market value. The ability to successfully navigate evolving consumer preferences and address environmental concerns will be key to the long-term success of the motorsports industry.
This statistic illustrates the number of TV viewers of selected Formula One (F1) Grands Prix worldwide in 2020. The highest number of TV viewers during the 2020 F1 season tuned into the Hungarian Grand Prix. Approximately ***** million viewers worldwide watched Lewis Hamilton claim his eighth career win at the Hungaroring in Hungary.
Motorsport Market Size 2025-2029
The motorsport market size is forecast to increase by USD 10.79 billion, at a CAGR of 4.3% between 2024 and 2029.
The market is experiencing significant growth, driven by substantial investments from sponsors and the evolution of Formula E. This shift towards motosport transmission to electric racing reflects the broader trend towards sustainable energy solutions and increasing consumer interest in innovative technologies. Simultaneously, the integration of advanced electronics and safety systems in motor racing telematics vehicles has led to a notable increase in insurance costs. This trend underscores the growing complexity of motorsport technology and the need for robust risk management strategies.
As the industry continues to innovate and adapt to changing consumer preferences and technological advancements, companies must navigate these challenges to capitalize on the market's potential and maintain a competitive edge.
What will be the Size of the Motorsport Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with dynamic shifts in vehicle dynamics, GT racing, driver training, team management, and various sectors. GT racing showcases advanced suspension systems and chassis designs, pushing the boundaries of performance. Driver training and team management are crucial, with technical partnerships and driver contracts shaping team dynamics. Event management, motorcycle racing, and technological innovation intertwine, as safety regulations and endurance racing demand advanced composites and engine performance. Engine manufacturers innovate, developing high-performance materials and lightweight components. Sustainability initiatives gain traction, with parts suppliers focusing on manufacturing processes and digital marketing strategies. Telemetry systems and data acquisition provide valuable insights, enhancing race management and fan engagement.
Trackside advertising, digital signage, and virtual reality (VR) pit crew training revolutionize marketing efforts. Augmented reality (AR) and fan engagement platforms offer immersive experiences, while tire technology and fuel injection systems optimize vehicle performance. Rally racing, off-road racing, and hybrid vehicles expand the market, with tire suppliers and gaming simulations catering to diverse fan bases. Regulations and standards evolve, ensuring safety and fair competition. The motorsport landscape remains a dynamic, innovative, and ever-changing industry.
How is this Motorsport Industry segmented?
The motorsport industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
F1
MotoGP
NASCAR
Others
Application
Venue racing
Non-venue racing
Wheel Type
4-Wheelers
2-Wheelers
Revenue Stream
Broadcasting Revenue
Ticketing Revenue
Merchandising Revenue
Advertising/Sponsorship Revenue
Race Hosting Fees Revenue
Others
Geography
North America
US
Canada
Mexico
Europe
France
Germany
The Netherlands
UK
Middle East and Africa
UAE
APAC
Australia
China
India
Japan
South Korea
South America
Brazil
Rest of World (ROW)
By Type Insights
The f1 segment is estimated to witness significant growth during the forecast period.
The market, spearheaded by Formula One (F1), has a rich history dating back to the European Grand Prix championship in the 1920s and 1930s. F1's legacy is marked by its rigorous chassis design, technical partnerships, and race management. Initially, both championship series and non-championship series coexisted, but the latter was discontinued in 1983 due to escalating costs. Sponsorship has been a significant contributor to the market's growth. However, the FIA's ban on cigarette sponsorship in 2001 led to a decline, which was later offset by car manufacturers' increased involvement as sponsors. This trend continues, with the value of sponsorship steadily rising each year.
Sustainability initiatives, such as the adoption of advanced composites and lightweight materials, are gaining traction in the market. Manufacturing processes are being optimized to reduce environmental impact, while safety regulations are being stringently enforced to prioritize driver safety. GT racing, endurance racing, and motorcycle racing are popular segments, each with unique vehicle dynamics and performance testing requirements. Parts suppliers, suspension systems, braking systems, and tire technology play crucial roles in the market. Technical regulations ensure fair co
The Formula One average TV audience rose significantly between 1987 and 2000, then it experienced a decreasing trend until 2019. The highest figure was recorded in 2000, when the TV audience peaked at **** million, a remarkable increase compared to the *** million viewers of 1987. Whereas the TV audience reached **** million in 2001, since this year the number of viewers started to go down. Especially, the TV audience dropped remarkably in 2013. Since that year, it was only possible to watch live races on pay-TVs, while free-to-air channels just showed the catch-ups. In 2018, it was then recorded the lowest figure since 1987, namely *** million viewers. In 2019, the TV audience slightly rose to *** million.
In a September 2024 survey, ** percent of respondents in the United States identified as Formula 1 fans. Meanwhile, ** percent of respondents described themselves as diehard fans.
Formula One is a motorsport discipline sanctioned by the FIA and owned by the Formula One Group. In a survey conducted in May 2023, around ** percent of male respondents in the United States were avid fans of Formula One.
In the 2021 season, an average of roughly **** million TV viewers watched the broadcast of the Formula 1 season. This is a decrease of about half a million.
This statistic shows the number of viewers of Grand Prix Formula 1 broadcasts in the Netherlands during the 2016 season, by Grand Prix broadcast (in thousands). During this season, roughly ******* Dutch viewers watched the F1 Grand Prix Great Britain.
The statistic shows the United States F1 Grand Prix TV audience in Italy from 2012 to 2016. As of the survey period, the average television audience of the United States F1 Grand Prix peaked at about *** million viewers in 2012. The last edition of the Grand Prix registered about *** million viewers, an increase compared to 2016.
This statistic illustrates the number of Formula One (F1) racing TV viewers worldwide from 2008 to 2021. According to the source, the global audience for Formula One in 2021 stood at *** million viewers, an increase of roughly three percent to the previous year.