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Racing & Individual Sports in West Virginia

Author.Name IBISWorld United States Last Updated: April 2025 NAICS WV71121b

Racing & Individual Sports in West Virginia industry analysis

The Racing & Individual Sports industry in West Virginia is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to x,xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to x,xxx locations. Industry employment is expected to decrease an annualized -x% to x,xxx workers, while industry wages are forecast to decrease % to $x.x million.

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About the Racing & Individual Sports in West Virginia Market Research Report

What’s Included in the Racing & Individual Sports in West Virginia Market Research Report

Definition of the Racing & Individual Sports in West Virginia?

Racing and individual sports cover the activity of professional and semiprofessional athletes who participate in individual sporting events before a paying audience. This includes individual athletes like golfers and boxers, automobile racing teams, racetrack owners, athletic trainers, referees and officiating crews. The industry also includes owners of automobile, equestrian and greyhound racing teams. Owners and sporting clubs may or may not operate their own stadiums to present their sporting events.

What’s included in the Racing & Individual Sports in West Virginia?

The Racing & Individual Sports in West Virginia includes advertising and endorsement contracts, coaching, athletic instruction and training services, event broadcasting and other media licensing, admission, ticket, parking and food sales, gambling collections, event contracts and resale of merchandise and leasing of sports equipment. Related terms covered in the Racing & Individual Sports in West Virginia industry report includes the cash prize won by a race, club or individual sports competition winner, emerging tv display technology that boasts pixel densities that are anywhere from double to quadruple that of traditional hdtv displays and a trade organization for horse racers.

Industry Performance of the Racing & Individual Sports industry in West Virginia

Benchmark the Racing & Individual Sports in West Virginia industry performance with all WV county and national performance.

Racing & Individual Sports in West Virginia

#8 in Highest Revenue 5.2% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Racing & Individual Sports in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Racing & Individual Sports industry in West Virginia

See how key industry drivers, such as population, median houshold income, new business formation, total advertising expenditure, participation in sports and per capita disposable income are impacting Racing & Individual Sports in West Virginia

West Virginia Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in WV State Economic profile

US Key External Drivers

Total advertising expenditure
Participation in sports
Per capita disposable income

For the full list of industry drivers, see report purchase options.

County Data of the Racing & Individual Sports industry in West Virginia

Access proprietary data on county in the Racing & Individual Sports in West Virginia, such as Ohio County, Hancock County and Harrison County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Racing & Individual Sports industry in West Virginia

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Racing & Individual Sports industry in West Virginia in 2025?

The market size of the Racing & Individual Sports industry in West Virginia is $829.8m in 2025.

How many businesses are there in the Racing & Individual Sports industry in West Virginia in 2025?

There are 1,168 businesses in the Racing & Individual Sports industry in West Virginia, which has been growing at an average annual rate of 7.1% from 2020 to 2025.

Has the Racing & Individual Sports industry in West Virginia grown or declined over the past 5 years?

The market size of the Racing & Individual Sports industry in West Virginia has been growing at an average annual rate of 2.3% from 2020 to 2025.

How many employees in the Racing & Individual Sports industry in West Virginia in 2025?

There are 8,737 employees in the Racing & Individual Sports industry in West Virginia, which has been growing at an average annual rate of 0.7% from 2020 to 2025.