Business of the MotoGP 2023 – Property Profile, Sponsorship and Media Landscape
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MotoGP Business Analysis 2023 Overview
The estimated annual sponsorship revenue of MotoGP 2023 is $87.95 million in 2023. MotoGP continues to be the premier global motorcycling competition and includes 20 different Grand Prix races this season. The series has 26 sponsors overall for the 2023 season.
Business of The MotoGP 2023 research report explores one of the biggest and most commercial motor racing series for the 2023 season. It takes a closer look at the main sponsorship and media deals linked to the series, as well as the ticketing and social media engagement. The report provides an overview of the position of the sport in 2023 with an emphasis on its own commercial operations and draws comparisons to other sports such as Formula One.
Annual Sponsorship Revenue (2023) | $87.95 million |
Key Broadcasters | · ESPN+
· Fox Sports · Kayo Sports · Foxtel · 10 Network · Servus TV · Viasat · RTBF · ESPN · REV TV |
Key Sponsors | · Michelin
· BMW-M · Yamaha · Tissot · DHL · Iveco · Singha · Enel · Tata · Lenovo |
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Business of The MotoGP 2023 - Broadcasters
Some of the broadcasters for the MotoGP 2023 are ESPN+, Fox Sports, Kayo Sports, Foxtel, 10 Network, Servus TV, Viasat, RTBF, ESPN, and REV TV. The main media landscape of MotoGP follows a greater shift towards the pay-TV market like other leading sports.
Key Broadcasters in MotoGP 2023
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Business of The MotoGP 2023 – League Sponsorship
Some of the key sponsors of the MotoGP 2023 are Michelin, BMW-M, Yamaha, Tissot, DHL, Iveco, Singha, Enel, Tata, and Lenovo, among others. The biggest sponsorship deal held by the MotoGP series in 2023 is its tire supplier partnership with Michelin. This partnership has been continuing since 2016 when Michelin replaced Bridgestone. MotoGP and Michelin extended their deal in 2021. Their deal includes trackside branding throughout the season, as well as title sponsorship rights to one Grand Prix each season, which in 2023 is the race weekend in Argentina. Since the bulk of the deals are labeled as official suppliers of the series, their products and services are utilized by the series and teams.
MotoGP 2023 Analysis by League Sponsorship, 2023 (%)
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Scope
The main context of this report is to illustrate the key developments in the premier racing series offering bespoke insight as to how its commercial appeal is continuing to grow. It takes a look at the main commercial revenue opportunities for the series, the teams, and its riders, including media rights and main sponsorship deals. Further to this, the report also takes a closer look at the social media appeal and ticket revenue potential.
Key Highlights
An overview of the position of the sport in 2023, looking at how the series looks, with an emphasis on its own commercial operations and drawing comparisons to other sports such as Formula One. A look at the main commercial streams, including sponsorship, media and ticket sales. The sheer depth of the sponsorship insight is unparalleled, offering a breakdown from series, team and rider perspectives.
Reasons to Buy
MotoGP is one of the most commercial motor racing series in the world and houses many of the best riders on two wheels on the planet. Formula One has enjoyed stellar success and growth in recent years but MotoGP has its own global appeal which attracts millions of adrenaline fans to its competition. It has a unique appeal that many brands are eager to get involved with and reap the rewards of such an association.
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Frequently asked questions
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What is the estimated annual sponsorship revenue of MotoGP 2023?
The estimated annual sponsorship revenue of MotoGP 2023 is $87.95 million.
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Who are the key broadcasters of the MotoGP 2023?
Some of the broadcasters for the MotoGP 2023 are ESPN+, Fox Sports, Kayo Sports, Foxtel, 10 Network, Servus TV, Viasat, RTBF, ESPN, and REV TV.
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Which is the leading sponsor of the MotoGP 2023?
Tire supplier Michelin is the leading sponsor of MotoGP 2023.
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