NAICS Code 711212-02 - Horse Racing

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 711212 - Racetracks - 2,265 companies, 5,826 emails.

NAICS Code 711212-02 Description (8-Digit)

Horse racing is a sport that involves the racing of thoroughbred horses on a track. It is a popular form of entertainment and gambling in many countries around the world. Horse racing can take place on a variety of surfaces, including dirt, turf, and synthetic tracks. Races can range in distance from a few furlongs to several miles, and can be run at various speeds depending on the type of race.

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 711212 page

Tools

Tools commonly used in the Horse Racing industry for day-to-day tasks and operations.

  • Starting gate
  • Bridles and reins
  • Jockey silks
  • Racing saddle
  • Hoof boots
  • Blinkers
  • Whip
  • Grooming kit
  • Horse trailer
  • Racing program

Industry Examples of Horse Racing

Common products and services typical of NAICS Code 711212-02, illustrating the main business activities and contributions to the market.

  • Triple Crown races
  • Kentucky Derby
  • Royal Ascot
  • Breeders' Cup
  • Dubai World Cup
  • Melbourne Cup
  • Preakness Stakes
  • Belmont Stakes
  • Prix de l'Arc de Triomphe
  • Hong Kong Cup

History

A concise historical narrative of NAICS Code 711212-02 covering global milestones and recent developments within the United States.

  • Horse racing has been a popular sport worldwide for centuries. The first recorded horse race took place in ancient Greece in 648 BC, and the sport quickly spread to other parts of the world. In the United Kingdom, horse racing became a popular pastime in the 16th century, and the first organized races were held in the 18th century. In the United States, horse racing dates back to the colonial era, with the first recorded race taking place in 1665 in New York. The sport continued to grow in popularity throughout the 19th and 20th centuries, with notable advancements such as the introduction of the photo finish in the early 20th century and the development of artificial tracks in the 1960s. In recent history, the horse racing industry in the United States has faced several challenges. The sport has come under scrutiny for the treatment of horses, with concerns about the use of drugs and the high rate of injuries and fatalities. In response, the industry has implemented new safety measures, such as the use of synthetic tracks and stricter drug testing. The popularity of horse racing has also declined in recent years, with attendance and wagering on the decline. However, the industry has adapted by embracing technology, such as online betting and live streaming of races, to reach a wider audience. Despite these challenges, horse racing remains a beloved sport in the United States and around the world.