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NAICS Code· 711212

NAICS 711212: Racetracks

This U.S. industry comprises establishments primarily engaged in operating racetracks without casinos. These establishments may also present and/or promote the events, such as auto, dog, and horse races, held in these facilities. Cross-References.Show more

NAICS 711212 – Racetracks encompasses the operation and maintenance of facilities dedicated to horse racing, greyhound racing, and other forms of licensed pari-mutuel wagering events. This sector includes the management of racing surfaces, grandstand and spectator infrastructure, betting systems, animal care protocols, and regulatory compliance with state and federal gaming authorities.

1
Active Contracts
1
Median Bidders per Award
+0.0%
YoY Growth

Industry Spending Overview

Federal obligations, top contractors and agencies, and related industry codes for NAICS 711212.

AI Industry Description

NAICS 711212 – Racetracks encompasses the operation and maintenance of facilities dedicated to horse racing, greyhound racing, and other forms of licensed pari-mutuel wagering events. This sector includes the management of racing surfaces, grandstand and spectator infrastructure, betting systems, an...

NAICS 711212 – Racetracks encompasses the operation and maintenance of facilities dedicated to horse racing, greyhound racing, and other forms of licensed pari-mutuel wagering events. This sector includes the management of racing surfaces, grandstand and spectator infrastructure, betting systems, animal care protocols, and regulatory compliance with state and federal gaming authorities. While primarily a commercial enterprise, racetracks may engage in government contracting through facility maintenance, security services, event logistics support, and infrastructure upgrades funded by public grants or intergovernmental agreements related to economic development, tourism promotion, or historic preservation. In the federal contracting landscape, this NAICS code represents a niche but specialized segment, often intersecting with cultural heritage, public recreation, and local economic revitalization initiatives. No contractor data is available for this NAICS code, indicating limited or no direct federal procurement activity tied to racetrack operations. When contracts do occur, they typically involve small businesses or local service providers specializing in facility maintenance, safety systems, or event operations rather than large prime contractors. No agency data is available, suggesting that federal agencies do not routinely procure racetrack services as part of core missions. Any potential engagement would likely stem from Department of the Interior, General Services Administration, or state-level partnerships focused on land use, heritage tourism, or community development programs. The competitive landscape for this NAICS code in government contracting is sparse, with low opportunity density and minimal recurring procurement. Contractors seeking engagement should focus on state and local government solicitations tied to infrastructure modernization, public safety enhancements, or tourism-related grants rather than federal contracts. Trends indicate a decline in federal interest, with most activity concentrated in municipal or regional initiatives supporting legacy racing venues.

Competition

How many companies historically bid on federal awards in NAICS 711212, from bidder counts reported on USAspending.

Usually Single-Bid

Half or more of reported awards drew exactly one bidder, usually a sign of incumbent-held work rather than an open field. · 42 reported awards

Median Bidders

1

Per reported award, all-time

Single-Bid Awards

86%

Share of reported awards with one bidder

10+ Bidder Awards

0%

Share of reported awards with 10+ bidders

Reported Awards

0

89% of 47 total awards

How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.

Industry FamilyCompetitionMedian BiddersSingle-BidBidder MixReported Awards
711212This Code
Racetracks
Usually Single-Bid186%
4289% of 47
71121NAICS Industry
Usually Single-Bid163%
2,24986% of 2,620
7112Industry Group
Spectator Sports
Usually Single-Bid163%
2,24986% of 2,620
711Subsector
Usually Single-Bid176%
31,46279% of 39,759
71Sector
Arts, Entertainment, and Recreation
Usually Single-Bid171%
46,62182% of 56,521

Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.

Related NAICS Codes

Industries similar to Racetracks, by shared sector, subsector, and industry group.

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NAICS 711212 FAQ

Frequently Asked Questions

NAICS code 711212 covers Racetracks. This U.S. industry comprises establishments primarily engaged in operating racetracks without casinos. These establishments may also present and/or promote the events, such as auto, dog, and horse races, held in these facilities. Cross-References.

Recently Posted in Racetracks

NAICS: 711212
Closed
SLED
Pd-24-016 Specifications For An Organization To Develop & Implement Tennis Clinics For Gc
Solicitation # PD-24-016
The Gloucester County Department of Parks and Recreation is seeking qualified organizations to develop and implement tennis clinics targeting participants from age six through adulthood, utilizing existing units within the county as permitted through the county's contract purchasing system. The solicitation, identified as PD-24-016, was posted on March 15, 2024, with a deadline for bid submissions set for April 3, 2024, at 10:00 a.m. Bidders must submit their completed proposals to the County Purchasing Office located at 2 South Broad, Woodbury, NJ. Requests for the bid package can be made via email by providing the organization's name, contact person, phone number, fax number, and email address to designated contacts at Gloucester County, with specific email addresses provided for security reasons. The contract aims to select an organization capable of designing and executing tennis clinics for a broad age range, ensuring alignment with the county’s recreational goals. Interested parties are encouraged to review additional details and bid instructions through the county’s official bidding portal. The project falls under the State, Local, Education, and Other Governmental (SLED) organization category, with no specified set-aside or NAICS code. The contract size and financial scope are not detailed, emphasizing the importance of the proposal quality and organizational capability.
Glouchester County

POSTED

over 2 years ago

CLOSED

over 2 years ago
View Details

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