NAICS Code 424720-23 - Racing Fuels (Wholesale)

Marketing Level - NAICS 8-Digit

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Contact Emails: 2
Company Websites: 2
Phone Numbers: 7
Business Addresses: 9
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NAICS CODE 424720-23
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Looking for more companies? See NAICS 424720 - Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) - 8,134 companies, 57,059 emails.

NAICS Code 424720-23 Description (8-Digit)

Racing Fuels (Wholesale) is a subdivision of the Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) industry. This industry involves the wholesale distribution of specialized fuels that are used in high-performance vehicles, such as race cars, motorcycles, and boats. Racing fuels are designed to provide maximum power and performance, and are often used in competitive racing events. Companies in this industry typically source their products from refineries and chemical manufacturers, and distribute them to retailers, race teams, and other end-users.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 424720 page

Tools

Tools commonly used in the Racing Fuels (Wholesale) industry for day-to-day tasks and operations.

  • Fuel pumps
  • Fuel storage tanks
  • Fuel drums
  • Fuel hoses
  • Fuel filters
  • Fuel pressure gauges
  • Fuel additives
  • Fuel testing equipment
  • Fuel transfer pumps
  • Fuel jugs

Industry Examples of Racing Fuels (Wholesale)

Common products and services typical of NAICS Code 424720-23, illustrating the main business activities and contributions to the market.

  • High-performance race cars
  • Motorcycles
  • Boats
  • Go-karts
  • Snowmobiles
  • Jet skis
  • Off-road vehicles
  • Dragsters
  • Sprint cars
  • Dirt bikes

History

A concise historical narrative of NAICS Code 424720-23 covering global milestones and recent developments within the United States.

  • The "Racing Fuels (Wholesale)" industry has a long history dating back to the early 20th century when the first automobile races were held. In the 1930s, the use of high-octane gasoline became popular in racing, and by the 1950s, specialized racing fuels were being developed. In the 1960s, the National Hot Rod Association (NHRA) was formed, and the demand for racing fuels increased. In the 1970s, the use of leaded gasoline was banned, and the industry shifted to unleaded fuels. In recent years, the industry has seen advancements in fuel technology, including the use of ethanol and other biofuels. In the United States, the industry has also seen an increase in the popularity of drag racing and other motorsports, leading to a growing demand for racing fuels.