Global Motorsports Spending To Total $5.75 Billion In 2017

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Global Motorsports Spending To Total $5.75 Billion In 2017

Global spending on motorsports sanctioning bodies, teams and tracks is expected to total $5.75 billion in 2017, up 3.1 percent from 2016, according to IEG research.

Motorsports has proven to be a highly effective marketing platform, but concerns over Brexit, the Donald Trump election and other geopolitical matters is expected to weigh on big-ticket sponsorship expenditures.