Sport industry is a market in which people, activities, business, and organizations are involved in producing, facilitating, promoting, or organizing any activity, experience, or business enterprise focused on sports. It is the market in which the businesses or products offered to its buyers are sports related and may be goods, services, people, places, or ideas.
The motorsport industry is the range of engineering and service businesses that support the sporting discipline of motorsports. In motorsports, a competitors success is intimately linked with the performance of his or her equipment - in this case a vehicle. The role of engineering in delivering on-track success has led to the formation of a considerable global industry which supplies motorsport competitors with the equipment necessary to participate in the sport.