6/26/2025
Motorsports Industry Powers $69.2 Billion U.S. Economic Engine, Supports Over 318,000 Jobs, New Study Finds
Groundbreaking PRI economic industry study highlights how motorsports businesses serve as a key driver of American economic activity.
PRI today released a landmark study that underscores the motorsports industry's pivotal role as a key contributor to the U.S. economy, supporting hundreds of thousands of jobs, generating billions in economic activity and delivering substantial tax revenue.
PRI, the leading voice for the motorsports industry in the U.S., commissioned the research, which was conducted by John Dunham & Associates, based on 2025 U.S. economy data. The study encompasses automobile, truck, motorcycle and UTV/side-by-side racing activity.
Traditionally, economic impact reports about racing are focused on the impact of a single event--major race weekend events for a specific local and state economy. Those are studies that examine the impact of the tourism dollars that come into the economy as a result of that single event. PRI's report is different because it determines the economic impact of the businesses that support the existence of racing in the first place.
PRI's research represents the most comprehensive assessment of motorsports' economic footprint ever undertaken to quantify the scale and significance of the business of racing to the U.S. economy. It evaluates the economic contributions from multiple racing businesses--including tracks and promoters, parts manufacturers, distributors, retailers, service providers and incorporated race teams.
Key findings from the study include:
- The industry contributes more than $69.2 billion in annual economic impact to the American economy.
- Nationwide, the motorsports industry supports more than 318,000 American jobs.
- American workers in the motorsports industry earn more than $22.1 billion worth of wages and benefits.
- The industry generates more than $8.2 billion in tax revenue, including $5 billion in federal taxes and $3.2 billion in state and local taxes.
To read the fulll story and view the interactive economic map, visit performanceracing.com
Article Credit: Brought to you by Performance Racing Industry