Industry Description
This U.S. industry comprises establishments primarily engaged in operating racetracks. These establishments may also present and/or promote the events, such as auto, dog, and horse races, held in these facilities.
Cross-References.
Business Examples
Common types of business activities within NAICS 711212 - Racetracks are:
- Racetracks (e.g., automobile, dog, horse)
- Automobile racetracks
- Stock car racetracks
- Horse racetracks
- Greyhound dog racetracks
- Snowmobile racetracks
- Harness racetracks
- Dog racetracks
- Speedways
- Thoroughbred racetracks
- Motorcycle racetracks
- Drag strips
IBISWorld Industry Research Report
Racing & Individual Sports in the US (71121b)
Revenue 2025
$16.1bn
Growth 2025
0.77%
Key Trends
Amid an increase in media exposure, the industry has continually grown in popularity
Economic decline during the COVID-19 pandemic harmed industry growth
Strong racetrack demand will accelerate industry recovery
Products and Services
Similar Industries
For some business types, there may be a similar industry to 711212 - Racetracks that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
Owners of racing participants, such as cars, dogs, and horses, primarily engaged in entering them in racing events; trainers of racing participants; and independent athletes, such as jockeys and race car drivers, primarily engaged in participating in racing events are classified in U.S. Industry 711219, Other Spectator Sports; and
IBISWorld industry research report
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NAICS Cross Reference
Establishments primarily engaged in operating stand-alone casinos are classified in Industry 713210, Casinos (except Casino Hotels).
IBISWorld industry research report
NAICS Hierarchy 711212 - Racetracks
NAICS Code 711212 - Racetracks sits in the 2-digit Racetracks sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 71
Sector Title: Arts, Entertainment, and Recreation
3 Digits 4 Digits 5 Digits 6 Digits
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7111 Performing Arts Companies
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71111 Theater Companies and Dinner Theaters
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71112 Dance Companies
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71113 Musical Groups and Artists
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71119 Other Performing Arts Companies
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7112 Spectator Sports
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71121 Spectator Sports
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7113 Promoters of Performing Arts, Sports, and Similar Events
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71131 Promoters of Performing Arts, Sports, and Similar Events with Facilities
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71132 Promoters of Performing Arts, Sports, and Similar Events without Facilities
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7114 Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures
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71141 Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures
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7115 Independent Artists, Writers, and Performers
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71151 Independent Artists, Writers, and Performers
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7121 Museums, Historical Sites, and Similar Institutions
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71211 Museums
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71212 Historical Sites
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71213 Zoos and Botanical Gardens
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71219 Nature Parks and Other Similar Institutions
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7131 Amusement Parks and Arcades
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71311 Amusement and Theme Parks
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71312 Amusement Arcades
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7132 Gambling Industries
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71321 Casinos (except Casino Hotels
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71329 Other Gambling Industries
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7139 Other Amusement and Recreation Industries
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71391 Golf Courses and Country Clubs
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71392 Skiing Facilities
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71393 Marinas
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71394 Fitness and Recreational Sports Centers
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71395 Bowling Centers
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71399 All Other Amusement and Recreation Industries
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Similar Industries Niche and Emerging
IBISWorld provides research on hundreds of niche and emerging industries, including the following for 711212 - Racetracks.
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