Racing Events and Track Management in China - Sic Code 7948 (74,286 Companies)
Businesses involved in organizing, promoting, and managing racing events, including the operation of racing tracks. This industry covers a variety of racing types such as automobile, horse, and dog racing, providing entertainment and betting opportunities.
Among the companies & organizations operating in this sic code are Race Tracks, Horse Racing Venues, Auto Racing Facilities, Dog Racing Tracks and Motorsport Event Organizers.
Top 25 Largest Companies companies in Racing, Including Track Operation Industry
The racing industry primarily operates on a B2C model, generating revenue through ticket sales, broadcasting rights, sponsorships, and betting operations. The industry is competitive with a focus on fan engagement and media exposure, facing regulatory considerations related to safety standards, gambling laws, and environmental impacts of large-scale events.
Industry Statistics
The total number of companies in Racing, Including Track Operation is 74,286
Company Size Distribution in Racing, Including Track Operation Industry
The distribution of companies by employee count shows that the majority (68,383) have between 1 and 100 employees.
Revenue Distribution in Racing, Including Track Operation Industry
The distribution of companies by annual revenue shows that 16,722 companies have revenue between $1 million and $5 million.
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Top cities in China in Racing, Including Track Operation
| # | Country | Number of companies | Percentage |
|---|---|---|---|
| 1 | Guangzhou | 5,693 | |
| 2 | Beijing | 4,800 | |
| 3 | Shanghai | 3,013 | |
| 4 | Shenzhen | 2,762 | |
| 5 | Hangzhou | 2,727 | |
| 6 | Jinhua | 2,002 | |
| 7 | Chengdu | 1,928 | |
| 8 | Ningbo | 1,854 | |
| 9 | Wenzhou | 1,722 | |
| 10 | Jiaxing | 1,540 | |
| 11 | Foshan | 1,373 | |
| 12 | Taizhou | 1,041 | |
| 13 | Xiamen | 935 | |
| 14 | Qingdao | 920 | |
| 15 | Wuhan | 878 | |
| 16 | Jinan | 844 | |
| 17 | Quanzhou | 830 | |
| 18 | Tianjin | 815 | |
| 19 | Nanjing | 814 | |
| 20 | Dongguan | 749 | |
| 21 | Shaoxing | 707 | |
| 22 | Xi'An | 637 | |
| 23 | Yantai | 602 | |
| 24 | Dalian | 597 | |
| 25 | Chongqing | 594 |
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