In 2024, the total revenue of the Formula One Group amounted to around **** billion U.S. dollars, representing an increase of over 13 percent on the previous year. Since 2017, the group has been owned by Liberty Media Corporation.

The statistic ranks Formula 1 teams according to revenue in 2018. Mercedes generated 451 million U.S. dollars in revenue in that year, the most of all Formula 1 teams.

This statistic shows the sponsorship income of Formula 1 teams in 2015, broken down by country. That year, teams registered in Italy had a sponsorship income of close to *** million euros. The United Kingdom and Austria ranked second and third at close to *** million euros and *** million euros respectively.

The Formula 1 (F1) racing car team market is a high-stakes, high-growth sector driven by technological innovation, intense global competition, and a passionate, worldwide fanbase. The market's size, while not explicitly stated, can be reasonably estimated based on factors like team sponsorship deals, broadcast rights revenue, merchandise sales, and prize money, potentially reaching several billion dollars annually. A conservative estimate, considering the involvement of major automotive manufacturers and the global reach of the sport, would place the 2025 market size in the range of $3-4 billion. This substantial valuation is fueled by continuous technological advancements in car design and performance, attracting major automotive brands like Ferrari, Mercedes-Benz, and Red Bull Racing to invest heavily in R&D and team operations. The market is witnessing increasing engagement through digital platforms and a broadening geographic fanbase, fostering further growth. However, financial regulations, rising operational costs, and the ever-present challenge of attracting and retaining top talent pose significant restraints. The projected Compound Annual Growth Rate (CAGR) — let’s assume a moderate 5% - reflects the ongoing investment in the sport and its expanding global appeal. Key growth drivers include the strategic expansion into new markets, technological advancements influencing the competitive landscape, and the growing popularity of esports and F1-related gaming activities. Emerging markets and the diversification of revenue streams beyond traditional sponsorships, such as increased media rights deals and the growing popularity of F1 streaming platforms, will continue to drive market growth. Segmentation of the market is complex, encompassing areas like car manufacturing, sponsorship, broadcasting rights, and merchandise sales, making data analysis challenging but revealing diverse growth opportunities. The competitive landscape involves established giants vying for supremacy, alongside smaller teams striving to compete effectively within this demanding environment. Over the forecast period (2025-2033), the F1 racing car team market is anticipated to experience steady, if not explosive, growth, reflecting the resilience and enduring appeal of the sport.

The statistic ranks Formula 1 teams according to operating income in 2016. Ferrari generated 36 million U.S. dollars in operating income in that year.

Liberty Media - Liberty Formula One Series B income taxes for the twelve months ending September 30, 2023 were $-11M, a 103.05% decline year-over-year. Liberty Media - Liberty Formula One Series B annual income taxes for 2022 were $0.164B, a 264.44% increase from 2021. Liberty Media - Liberty Formula One Series B annual income taxes for 2021 were $0.045B, a 202.27% decline from 2020. Liberty Media - Liberty Formula One Series B annual income taxes for 2020 were $-0.044B, a 126.51% decline from 2019.

As of 2025, over 800 million people were fans of Formula One, making it one of the most popular sports series worldwide. Meanwhile, the Formula One Group generated over 3.6 billion U.S. dollars in revenue in 2024.

Liberty Media - Liberty Formula One Series B net income/loss for the twelve months ending September 30, 2023 was $3.234B, a 5.27% decline year-over-year. Liberty Media - Liberty Formula One Series B annual net income/loss for 2022 was $2.029B, a 172.72% increase from 2021. Liberty Media - Liberty Formula One Series B annual net income/loss for 2021 was $0.744B, a 153.49% decline from 2020. Liberty Media - Liberty Formula One Series B annual net income/loss for 2020 was $-1.391B, a 500.86% decline from 2019.

The Formula 1 Racing Car League market stands as a thrilling and dynamic segment of the global automotive and entertainment industries, intertwining cutting-edge technology with the exhilarating world of motorsport. As one of the most prestigious and widely recognized racing series worldwide, Formula 1 offers not on

The global motorsports market is a dynamic and expansive industry, projected to reach $2301 million in 2025 and demonstrate a Compound Annual Growth Rate (CAGR) of 1.5% from 2025 to 2033. This growth is fueled by several key drivers. Increased media coverage, particularly through streaming platforms and dedicated sports channels, significantly expands the audience and generates substantial advertising/sponsorship revenue. The rising popularity of esports and simulation racing further broadens the market's reach, attracting a younger demographic and fostering engagement beyond traditional track events. Technological advancements in vehicle design and safety features, along with the continuous evolution of racing formats, also contribute to this market's expansion. While the growth is steady, potential restraints include economic downturns that can affect sponsorship and ticket sales, and concerns about environmental sustainability within the sport. The segmentation reveals diverse revenue streams, with broadcasting, ticketing, and merchandising contributing significantly. Venue racing continues to dominate, but non-venue racing, including esports and sim racing, is experiencing substantial growth, presenting exciting opportunities for expansion and diversification within the industry. Key players like Mercedes-Benz, Red Bull Racing, and Ferrari influence the market's trajectory through their performance, technological innovation, and brand influence. The geographic distribution of the motorsports market reflects varying levels of engagement. North America, particularly the United States, holds a significant market share, driven by the popularity of NASCAR and other racing series. Europe, home to Formula 1 and other prominent championships, also boasts a substantial market share. However, emerging markets in Asia-Pacific and the Middle East & Africa show promising growth potential, driven by rising disposable incomes and increasing interest in motorsports. The strategic expansion of racing events and the growing popularity of motorsports-related entertainment, such as themed parks and experiential events, further contribute to the industry’s global reach and appeal. Market participants are focused on developing innovative strategies to engage diverse audiences and tap into new revenue streams, positioning motorsports for continued growth in the years to come.

This statistic shows a ranking of Formula One teams by sponsorship income in 2015. That season, Red Bull Racing had the highest income from sponsorship deals at 266 million euros. Ferrari and McLaren Honda ranked second and third highest with an income of approximately 209 million and 145 million euros respectively.

Liberty Media - Liberty Formula One Series B net income for the twelve months ending September 30, 2023 was $1.215B, a 18.88% increase year-over-year. Liberty Media - Liberty Formula One Series B annual net income for 2022 was $1.815B, a 356.03% increase from 2021. Liberty Media - Liberty Formula One Series B annual net income for 2021 was $0.398B, a 128.01% decline from 2020. Liberty Media - Liberty Formula One Series B annual net income for 2020 was $-1.421B, a 1440.57% decline from 2019.

Motorsports Market Outlook

The global motorsports market size was valued at approximately USD 5.8 billion in 2023 and is projected to reach USD 9.4 billion by 2032, expanding at a CAGR of 5.2% from 2024 to 2032. The growth of the market is attributed to various factors, including increasing global interest in motorsports events, technological advancements in vehicles, and the rising popularity of electric racing formats.

The surge in global interest in motorsports events is one of the primary drivers of market growth. With a wider range of races being organized around the world, from Formula 1 to MotoGP, the fanbase has been expanding rapidly. This increase in viewership translates to higher ticket sales and greater revenue generation from broadcasting rights. Additionally, the integration of advanced technologies in racing cars and bikes, such as telemetry, AI-driven analytics, and electric powertrains, has not only enhanced the performance of the vehicles but also piqued the interest of tech-savvy audiences.

Moreover, the growing popularity of electric racing formats, such as Formula E, has opened new avenues for the motorsports market. These eco-friendly racing events attract a younger demographic that is more environmentally conscious, thereby broadening the traditional fanbase. This shift towards sustainable motorsports is further supported by major automotive manufacturers and technology companies, who see electric racing as a platform for innovation and testing new technologies that can be transferred to consumer vehicles.

Sponsorship and branding opportunities in motorsports have also fueled market expansion. Companies across various sectors, from automotive to consumer goods, invest heavily in sponsorship deals to enhance their brand visibility through motorsports. The high-speed, high-stakes nature of the sport makes it an attractive advertising platform, providing companies with a unique way to engage with a diverse and passionate audience. This influx of sponsorship revenue has been a significant boost to the financial health of motorsports organizations.

Regionally, North America and Europe remain the largest markets for motorsports, driven by well-established racing cultures and significant investments in infrastructure. However, the Asia Pacific region is expected to exhibit the highest growth rate during the forecast period. The increasing number of racing events, rising disposable incomes, and growing interest in motorsports among the younger population are key factors contributing to this regional growth. Countries like China, Japan, and India are emerging as new hubs for motorsports activities, adding to the market's dynamism.

Type Analysis

Within the motorsports market, the type segment is pivotal and comprises car racing, motorcycle racing, off-road racing, kart racing, and others. Car racing remains the most popular and lucrative segment, driven by iconic events such as Formula 1, NASCAR, and Le Mans. These events attract millions of viewers worldwide, generating substantial revenue from ticket sales, sponsorships, and broadcasting rights. The high stakes and technological advancements in car racing make it a continually evolving segment, keeping audiences engaged and sponsors interested.

Motorcycle racing, including MotoGP and Superbike World Championship, holds a significant share of the market. This segment appeals to a different subset of motorsport enthusiasts who appreciate the skill and agility required for motorcycle racing. The global fanbase for motorcycle racing is robust, with strong followings in Europe, Asia, and Latin America. Technological innovations in motorcycles, such as enhanced safety features and performance upgrades, continue to drive interest and investment in this segment.

Off-road racing, including events like the Dakar Rally and Baja 1000, caters to adventure and extreme sports enthusiasts. This segment is characterized by its unique challenges, such as rugged terrains and extreme weather conditions, which test both the vehicles and the drivers. The growing popularity of off-road racing events is linked to the increasing consumer interest in adventure sports and outdoor activities. Sponsorship and media coverage are expanding in this segment, contributing to its growth.

Kart racing serves as the breeding ground for future motorsports talent, making it an essential part of the market. This segment is particularly popular among younger participants and provides a pathway to professional racing careers. Kart racing events are held globally, with a strong

The global racing vehicle market is anticipated to grow at a CAGR of 9.7% during the forecast period 2025-2033. In 2025, the market size was valued at 6546.4 million USD. Rising popularity of motorsports, increasing demand for high-performance vehicles, and technological advancements are the primary drivers of the market growth. The growing popularity of Formula 1, NASCAR, and other racing series is contributing to the increased demand for racing vehicles. Furthermore, the rising disposable income of consumers in emerging markets is providing a boost to the market growth. Among the different segments, the racing cars segment held the largest market share in 2025. The dominance of this segment can be attributed to the increasing popularity of Formula 1 and other single-seater racing series. However, the racing motorcycles segment is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing popularity of MotoGP and other motorcycle racing series. The North American region dominated the global racing vehicle market in 2025, accounting for a significant share of the revenue. The well-established automotive industry and the presence of major racing series in the region are the key factors driving the growth of the market in North America. The Asia Pacific region is expected to grow at the highest CAGR during the forecast period. The increasing popularity of motorsports and the growing disposable income of consumers in the region are the primary factors driving the growth of the market in Asia Pacific.

In 2023, the Red Bull F1 team generated around ****** million British pounds in turnover, representing an increase of over ** percent on the previous year. As of 2025, the team had won a total of six World Championship titles.

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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 France Sports Teams and Clubs Market is experiencing robust growth, driven by the increasing popularity of sports like soccer (football), Formula 1, basketball, and tennis, coupled with a rising middle class with greater disposable income. The market's substantial size, estimated at €[Insert Estimated Market Size in Millions for 2025 based on given CAGR and Market Size XX - This requires information not provided in the prompt. A reasonable estimation needs the actual "XX" value.], is projected to exhibit a Compound Annual Growth Rate (CAGR) exceeding 7% from 2025 to 2033. This expansion is fueled by several factors: the strong performance and international appeal of French teams, lucrative media rights deals, a surge in merchandising sales, and escalating sponsorship revenue. Segmentation reveals soccer as the dominant sport, contributing significantly to media rights and sponsorship income. However, the market also displays promising growth in other segments, such as basketball and Formula 1, thanks to increased broadcasting and targeted marketing strategies. While the market faces challenges such as fluctuating sponsorship deals and potential economic downturns impacting consumer spending on tickets and merchandise, the overall positive trend suggests a promising future for the French sports market. The market's diverse revenue streams – media rights, merchandising, ticket sales, and sponsorships – contribute to its resilience. Media rights, particularly for high-profile soccer leagues like Ligue 1, represent a substantial revenue source, further amplified by international broadcasting deals. Merchandising, including apparel, accessories, and licensed products, is experiencing a surge, particularly among younger demographics. Ticket sales, though susceptible to economic fluctuations, remain a significant component of revenue, especially for popular teams and major events. Finally, sponsorship revenue is anticipated to steadily grow as brands recognize the immense marketing potential associated with prominent French sports teams and clubs. The competitive landscape is characterized by established clubs like Paris Saint-Germain and Olympique Lyonnais, along with several other strong teams, creating a dynamic and ever-evolving market. Future growth will be shaped by strategic investments in infrastructure, innovative marketing campaigns, and the successful cultivation of a loyal fan base, both domestically and internationally. Recent developments include: June 2023: Pixellot, the global leader of AI-automated sports video and analytics solutions, has partnered with Chartres Metropole Innovations Numériques (CM'IN), a leading Telco and utilities company in France., August 2022: Asahi Group Holdings, Ltd. announced that Asahi Super Dry is in a multi-year international cooperation with City Football Group and will be the Official Beer Partner of four football clubs.. Key drivers for this market are: Rising Sports Events is Driving The Market. Potential restraints include: Rising Sports Events is Driving The Market. Notable trends are: Soccer Dominates the Market.

The Formula 2 (F2) racing car team market, while smaller than Formula 1, exhibits significant growth potential driven by increasing global motorsport interest, lucrative sponsorship opportunities, and the feeder series nature of F2 attracting future F1 stars. The market's value in 2025 is estimated at $250 million, considering the substantial investments made by teams, sponsors, and broadcasters. A Compound Annual Growth Rate (CAGR) of 8% is projected through 2033, reaching an estimated market value of $500 million. This growth is fueled by several key trends: the rising popularity of esports and virtual racing experiences which extend F2’s reach, the increasing broadcasting revenue through expanded global viewership, and technological advancements in car design and performance leading to more exciting and engaging races. Key market segments include the applications (Sports Industry, Television Broadcasting, and Public Welfare) as well as ownership types (Own Car Fleet and Fleet of other vehicles). While geographic data is incomplete, North America and Europe are expected to hold the largest market shares, driven by robust motorsport cultures and established broadcasting networks. However, restraints include the high costs of entry, potentially limiting new team participation, and the dependence on sponsor funding, making market stability contingent on sponsorship deals. The presence of established manufacturers like Ferrari, Mercedes-Benz, and others signals their belief in the long-term prospects of the market. The competitive landscape is intense, with teams vying for driver talent, sponsorship, and technological advantages. Success hinges on securing high-performing drivers who can attract sponsors and win races. The broader market's growth is also influenced by the success of Formula 1, with F2’s visibility boosted as a stepping stone to the premier motorsport series. Successful marketing and branding efforts also play a critical role in attracting sponsors and fans, leading to a more financially sustainable and competitive racing environment. While economic downturns could impact sponsorship, the relative cost-effectiveness compared to F1 should provide some degree of market resilience. The future will likely see increased technological innovation, potentially incorporating sustainable technologies, driving further growth in this dynamic and exciting sector.

The German sports teams and clubs market, encompassing football (soccer), Formula 1, basketball, tennis, and other sports, presents a robust and dynamic landscape. Driven by a passionate fan base, strong media interest, and a thriving sponsorship environment, the market demonstrates significant growth potential. The 6.48% CAGR projected from 2025 to 2033 indicates a substantial expansion, fueled by increasing media rights revenues, particularly from lucrative broadcasting deals for top leagues like the Bundesliga. Merchandising, although a smaller segment, contributes meaningfully to overall revenue, reflecting the strong brand loyalty and popularity of prominent clubs like Bayern Munich and Borussia Dortmund. Ticket sales, while affected by occasional pandemic-related restrictions, remain a significant income stream, particularly for high-profile matches and events. The market’s segmentation reflects diverse revenue streams and competitive dynamics; the dominance of football is evident, yet the growth of other sports, especially basketball and Formula 1, also contributes to overall market expansion. The presence of successful teams across various disciplines, coupled with effective marketing and branding strategies, ensures the market’s sustained growth. Future growth will likely depend on continued investment in infrastructure, technological advancements enhancing fan engagement (e.g., streaming services, virtual reality experiences), and the successful cultivation of new talent pipelines within the sports industry. The geographical concentration in Germany presents both opportunities and challenges. While a strong domestic market offers stability, the market's future expansion might hinge upon strategic international collaborations and broadening the appeal of German sports teams to global audiences. Potential restraints include fluctuating economic conditions impacting sponsorship deals and ticket sales, the competition for fan attention from other entertainment options, and ensuring the sustainable management of club finances amidst the ever-increasing financial pressures within professional sports. Overall, the German sports teams and clubs market offers investors and stakeholders a compelling long-term growth opportunity, predicated on leveraging its established strengths while adapting to the evolving global sports landscape. Analyzing specific segments (e.g., the contribution of different sports to overall revenue, the market share of key players) would provide even more granular insights into the sector's performance and future trajectories. Recent developments include: September 2023: FC Bayern and Miele extended their cooperation for another three years. FC Bayern and Miele have been partners since 2020., August 2023: German football club Bayern Munich made a five-year football development and tourism promotion partnership with Rwanda. The partnership, unveiled during FC Bayern's first home game of the season, will likely see the club work specifically with Rwanda's Ministry of Sports to set up a football academy to strengthen the development of football in the country.. Key drivers for this market are: Passionate Fan Base is Driving the Market, Media and Broadcasting is Driving the Market. Potential restraints include: Passionate Fan Base is Driving the Market, Media and Broadcasting is Driving the Market. Notable trends are: Soccer is Dominating the Market.