Motorsport Sponsorship Market - PowerPoint PPT Presentation

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Motorsport Sponsorship Market

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Motorsport Sponsorship Market is set to grow at CAGR 9.7% during the forecast period 2022-2027 to reach $4.1 billion in 2027. – PowerPoint PPT presentation

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Title: Motorsport Sponsorship Market


1
Motorsport Sponsorship MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2023-2028
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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Motorsport Sponsorship Market is set to grow at
CAGR 9.7 during the forecast period 2022-2027 to
reach 4.1 billion in 2027. Growth in formula
racing format for electric vehicles, rising
revenues in Formula One racing championship,
growing popularity of motorsports among
millennial through broadcasting and social
networking platform have boosted the motorsports
market.
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3
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  • Key Takeaways
  • The growth is mainly attributed to rising
    partnership of brands and television right
    holders, emergence of new sporting power, greater
    fusion of sports and entertainment, rising
    popularity of live sports on OTT and social media
    platform.
  • Furthermore, Touring Car Racing analyzed to
    witness highest growth during the forecast
    period. The growing adoption of aggressive
    digital strategy in world touring car
    championship such as introduction of new
    interactive show with WTCC drivers on each event
    exclusively for digital broadcasting is welcoming
    larger audience and recruiting new generation of
    fans. Factors like incorporation of new program
    formats are analysed to fuel the market growth in
    future years.

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4
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By Distribution Channel- Segment Analysis Race
Series sponsorship segment is projected to grow
at a CAGR of 8.2 through 2027. Online motorsport
advertisement and banner advertising are the
perfect ways to advertise goods, facilities,
teams and leagues in the racing market. Online
motorsport advertising includes integrated,
cross-channel advertising opportunities which
include a mixture of OTT digital advertisement
and traditional online advertising. Increasing
penetration of digital distribution platform to
engage with affluent, educated and global motor
racing fans who are passionate and loyal to the
brands that support their favourite sport is the
key factor driving the market growth forward.
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5
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  • Motorsport Sponsorship Market Industry Outlook
  • AMG Motorsport
  • Ferrari S.p.A
  • McLaren Group
  • Redbull Racing
  • BMW Motorsport Group
  • Roush Fenway Racing
  • Team Penske
  • Target Ganassi Racing
  • Aston Martin Racing
  • Alpine Racing

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6
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Motorsport Sponsorship Market - Forecast(2023 -
2028) Learn More About the Report _at_
https//www.industryarc.com/Report/18202/motorspor
t-sponsor-ship-market.html
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id18202

Inquiry Before Buying
Email sales_at_industryarc.com
8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
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