Last year, we estimate that over $8 Billion worth of track-use parts were sold in the United States. Motorsports is big business! Find out more insights like this in PRI's State of the Racing Market Report, available for free to PRI Business and Individual Members. bit.ly/2024MarketReport
Performance Racing Industry (PRI)’s Post
More Relevant Posts
-
Filed under: Motorsports,Racing Vehicles Continue reading The booming business of F1 is explored in CNBC documentary airing ahead of Las Vegas Grand Prix The booming business of F1 is explored in CNBC documentary airing ahead of Las Vegas Grand...
To view or add a comment, sign in
-
Global Executive | Innovator | Entrepreneur | Board Member| Board Advisor | Amazon Alumni | Capital One Alumni
The message displayed to consumers visiting the Northwest Motorsports website reads... "Northwest Motorsport Guests, Thank you for your business and interest in our dealership. After thoughtful consideration and evaluation of today's pre-owned vehicle market conditions, we have decided to close operations at Northwest Motorsport, effective January 23, 2024. If you have any questions or need assistance, please email contact@nwmsrocks.com or call 253-604-7441." I'm wondering; in light of limited used car inventory, inflated inventory costs, and high interest rates, what levers can dealerships pull to successfully navigate "today's pre-owned vehicle market conditions?"
Sonic Automotive-owned, used-car dealer group Northwest Motorsport closed its doors Jan. 23, citing market concerns. #autofinance #autoindustry https://hubs.la/Q02hF8kY0
Sonic-owned Northwest Motorsports shuts down
autofinancenews.net
To view or add a comment, sign in
-
@garagesixty5 I The Ferrari Marketplace I The Porsche Marketplace I Sixty5 Motorsports I Motoring Podcast Network I Rock-N-Revs I Curation for UHNWI
Excellent episode!
FINALLY an off weekend & much needed as the last few weeks have been all over the place- From Toronto, to Montreal, to Road America, to Laguna Seca, to Indianapolis for a speaking engagement with American Program Bureau, and then to NYC with Becky & friends. And coming up I am off to Mid-Ohio, then Toronto to support Pfaff Motorsports // Canadian Tire Corporation for their race week with some cool events (stay tuned GTA friends), Iowa for the double header, then back to Toronto for the Honda Indy… Wouldn’t trade it for anything. And Happy Canada Day weekend to all back in the homeland. PS- Watch ALL IN Episode 2. Can't wait to be back behind the wheel https://lnkd.in/eupTYYzn
Pfaff Motorsports: All In - Episode 2
https://www.youtube.com/
To view or add a comment, sign in
-
The global Motorsports market was valued at US$ 1995 million in 2022 and is anticipated to reach US$ 2181.4 million by 2029 witnessing a CAGR of 1.5% during the forecast period 20232029.
Global Motorsports Market Research Report 2023
reports.valuates.com
To view or add a comment, sign in
-
Everyday I'm seeing industry "experts" say that we're going back to a "pre covid" market and it's a "race to the bottom." I say, well, are you going back to the way you were operating pre covid? Did you believe it would last forever and do nothing but take orders for 3 years? If so, you deserve to be obsolete. You don't train your sales people. You don't brand your dealership as a unique place to buy. You think the OEMs are covering all your advertising bases. You fear change, your competition, and refuse to come together with other operators in order to benefit the industry. So, industry experts, for most dealers you may be correct. But I can tell you firsthand that it is not the case for those who are fluid, take risks, and are selling on more than price. I work with dealers on a daily basis who are pushing the envelop and reaping the benefits PURELY because no one else is. Stop promoting fear, ice age strategies, and industry experts who say the world is ending. In every market, there is a way to win. Find it and focus on it.
THE GREAT WESTERN EXPERIENCE Motorsports Marketing Group https://lnkd.in/gCcqax5h Brandon Pack 336-403-3873 Brandon Prokupek 704-883-2253
To view or add a comment, sign in
-
The global Motorsports market was valued at US$ 1963 million in 2023 and is anticipated to reach US$ 2181.4 million by 2030 witnessing a CAGR of 1.5% during the forecast period 20242030. #GlobalMotorsportsMarket #MotorRacing #RacingRevenue #VenueRacing #NonVenueRacing #MotorsportsGrowth #Motorsports2023 #Motorsports2030 #MotorsportsCAGR #MotorsportsFuture
Global Motorsports Market Research Report 2024
reports.valuates.com
To view or add a comment, sign in
-
Dealer Pay is here to help you reduce fees at your motorsports dealership! Want to learn how to get started? Just click the link in our bio for more info!
To view or add a comment, sign in
-
-
Red Bull Racing has the largest consumer partnership sector, revenue, in Formula 1 2024. The Spomotion Analytics Partnership Network Analysis Report 2024, coming soon, show that Red Bull Racing have the largest consumer partnership sector. It is remarkably large compared to the other teams. BWT Alpine has quite many consumer goods partners, but they are relatively small companies. As a result, BWT Alpine has the smallest consumer sector.
To view or add a comment, sign in
-
-
Did you know All-Terrain Motorsports is one of the top dealers in the entire North American marketplace in sales? and that they started locally and remained a locally-owned company. Learn more about this #WestSlopeBestSlope business >> https://rebrand.ly/jtfj72y #CommWestWorks #SmallBusinessStrong #GrandJunction #TechnologyPartner #TeamThursday
To view or add a comment, sign in
-
-
Did you know Red Bull Racing holds the World Record for the fastest pit stop ever? And when you look at how the pit team operates, it’s no surprise: 💥3 men to each tire 💥1 man for each jack 💥1 with the engine start gear 💥1 to hold the driver in place In Formula 1, it’s the teams with the best teamwork that win the most races. And that’s true in marketing too. Discover what lessons modern marketers can learn from Formula 1’s approach to teamwork in Race 2 of Insider’s #CXGrandPrix here 👉 https://bit.ly/3Ph84MG #CX #RedBull #f1
To view or add a comment, sign in
-