From China to the World The Seed of Future Motorsport Industry
Abstract
Since the first day of motorsport history, automotive racing has been a noble sport category due to its high cost of participation. After entering the 21th century, the global motorsport industry has had a tendency to go downhill due to the economic slump. On the other hand, today’s motor racing is no longer a game simply about who is going faster, but starts focusing more on the challenge of sustainability. This strategic change requires merging varies cross-field technologies and sufficient financial support. Unfortunately, under the fragile economic status, the growth of today’s many well-developed motorsport industry participants goes into a bottleneck. In comparison to those countries that have a relatively mature motorsport industry, China shows the world a bigger potential of developing opportunities within the last 20 years. There is no doubt that the world motorsport industry will regain its exuberant vitality by the arrival of such a strong force from Asia. However, in order to diminish the obstacles of being a...