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.
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.
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
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 Family | Competition | Median Bidders | Single-Bid | Bidder Mix | Reported Awards |
|---|---|---|---|---|---|
711212This Code Racetracks | Usually Single-Bid | 1 | 86% | 4289% of 47 | |
71121NAICS Industry | Usually Single-Bid | 1 | 63% | 2,24986% of 2,620 | |
7112Industry Group Spectator Sports | Usually Single-Bid | 1 | 63% | 2,24986% of 2,620 | |
711Subsector | Usually Single-Bid | 1 | 76% | 31,46279% of 39,759 | |
71Sector Arts, Entertainment, and Recreation | Usually Single-Bid | 1 | 71% | 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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