Press release
Motorsports Market Outlook 2031: EV Expansion, Hybrid Powertrains & Digital Race Tech Lead Growth
WILMINGTON, DE, UNITED STATES: The Global Motorsports Market reached USD 5.2 billion in 2022 and is expected to reach USD 9.29 billion by 2031, growing with a CAGR of 7.8% during the forecast period 2024-2031.According to DataM Intelligence has published a new research report on "Motorsports Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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Latest M & A:
A global motorsport engineering firm acquired a race-electronics company to strengthen data analytics capabilities.
A major chassis manufacturer purchased a composite materials specialist to enhance in-house aero development.
A performance parts group acquired a motorsport suspension manufacturer to expand its racing product portfolio.
A motorsport technology investor took over a simulation software company to strengthen virtual testing solutions.
Top Industry Players: Ferrari S.p.A, Mercedes-Benz GmbH, Red Bull GmbH, McLaren Automotive Limited, Aston Martin Racing, Audi Sport, Dempsey-Proton Racing, e.dams-Renault, Extreme Speed Motorsports and Force India.
Key Industry Sector Development:
United States: Recent Developments
✅ In August 2025, major racing series expanded EV and hybrid race categories, boosting demand for advanced powertrains and lightweight materials.
✅ In July 2025, NASCAR teams adopted upgraded aerodynamic kits and digitally optimized chassis for performance consistency.
✅ In June 2025, U.S. race engineering firms introduced AI-based telemetry systems for real-time race strategy optimization.
Europe: Recent Developments
✅ In September 2025, Formula 1 suppliers accelerated development of 2026 hybrid engines with stricter sustainability components.
✅ In August 2025, the FIA homologated new safety structures for GT and endurance racing platforms.
✅ In June 2025, multiple European circuits deployed next-gen digital marshaling systems and track-side optical sensors.
Japan: Recent Developments
✅ In September 2025, Super GT teams introduced lightweight carbon-composite aero components to reduce drag.
✅ In July 2025, Japanese powertrain suppliers began testing hydrogen-fueled race engines under Motorsport Green programs.
✅ In June 2025, new simulation-driven race engineering platforms were launched for domestic single-seater championships.
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Key Segments:
By Type: 4-Wheelers, 2-Wheelers.
By Channel: Broadcasting, Ticketing, Advertiser/Sponsorship, Race Host Fees, Merchandizing, Others.
By Race Series: Formula Racing, Speedway/Sprint Car, Hill climb, Touring Car Racing, Off-Road Racing, Rally Racing, Rallycross, Stock Car Racing, Drag Racing, Kart Racing, Others.
Regional Analysis for Market:
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Product Launches:
🆕 High-performance carbon brake systems for endurance racing by leading motorsport suppliers.
🆕 Hybrid race engine components optimized for the 2026 global regulations.
🆕 Advanced motorsport telemetry suites with predictive analytics and cloud integration.
🆕 Next-generation aerodynamic body kits for GT and Formula categories.
🆕 Lightweight composite wheels designed for improved heat dissipation and tire performance.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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