Racing Gasoline Market is expected to reach US$ 538.85 Million by 2031

Rise in Demand for High-Performance Racing Fuels Boosts Racing Gasoline Market Growth

According to our latest market study on "Racing Gasoline Market Size and Forecast (2021–2031), Global and Regional Share, Trend, and Growth Opportunity Analysis – by Application," the market was valued at US$ 396.43 million in 2024 and is anticipated to reach US$ 538.85 million by 2031; it is estimated to register a CAGR of 4.40% during 2025–2031. The report includes growth prospects in light of current racing gasoline market trends and driving factors propelling the market.

The demand for high-performance fuels is a critical driver of the racing gasoline market, especially in professional motorsports, where engine efficiency and power output are paramount. Racing gasoline is formulated with high octane ratings—often exceeding 100—and includes additives that improve combustion, reduce engine knock, and enhance throttle response. These characteristics are essential for engines operating under extreme conditions, such as high RPMs and elevated temperatures. As racing teams strive for competitive advantages, the need for fuels that deliver consistent and optimized performance becomes indispensable. Beyond professional racing, the trend is also evident among automotive enthusiasts and amateur racers who modify their vehicles for track days and local competitions. These users seek fuels that can support turbocharged engines, advanced ignition systems, and aggressive driving styles. Racing gasoline meets these needs by offering cleaner burns and better acceleration. The growing culture of performance tuning and aftermarket upgrades further amplifies this demand, making high-performance fuels a cornerstone of the racing ecosystem.

Racing Gasoline Market Analysis – by Geography, 2024

Source: The Insight Partners Analysis

In addition to high octane levels, racing gasoline often contains oxygenates and advanced additives that improve combustion efficiency, reduce carbon buildup, and enhance throttle response. These fuels are engineered to burn cleaner and cooler, which helps maintain engine integrity during prolonged high-RPM operation. The result is more consistent power delivery, better acceleration, and reduced risk of detonation, factors that are vital in competitive racing. Whether used in drag racing, circuit racing, or rally sports, racing gasoline plays a pivotal role in unlocking the full potential of performance-tuned engines.

The scope of the racing gasoline market report focuses on North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Russia, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), the Middle East and Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East and Africa), and South America (Brazil, Argentina, and the Rest of South America). Asia Pacific (APAC) registered a significant racing gasoline market share in 2024 and is expected to register a CAGR of 4.76% during the forecast period. The Asia Pacific racing gasoline market is experiencing robust growth, driven by the increasing popularity of motorsports and the rising demand for high-performance racing vehicles. Key market players are focusing on adopting blends of biofuels and unleaded fuel formulations to comply with increasing environmental regulations and reduce emissions. However, leaded fuels still hold a niche presence for certain high-performance applications. Asia Pacific is witnessing expansion in motorsports infrastructure and events, boosting the demand for specialized racing gasoline. Countries such as India, China, Japan, and Australia show heightened activity with the growing participation from both professional and amateur racers. Furthermore, rising disposable incomes, increasing urbanization, and growing interest in performance-oriented leisure activities may contribute to increased participation in motorsports, which in turn can drive higher consumption of high-performance racing fuels in the region.

The types of racing fuels used in motorsport racing in Asia Pacific primarily include unleaded racing fuels, high-octane racing fuels (110+), and specialized branded racing fuel (e.g., high-performance racing fuel known as Primax supplied by Petronas).

Significant progress has been made in upgrading and modernizing racetrack infrastructure, along with an increase in the number of racing events in the region. This growth has driven the demand for racing gasoline. For instance, Queensland Raceway near Ipswich has undergone significant upgrades and is returning to the Supercars Championship calendar in 2025 after a few years off, signaling circuit modernization. Additionally, planning support is in place for a Perth CBD street circuit starting in 2026 as part of expanding urban motorsport venues in Australia.

In recent years, Australia has witnessed a significant rise in demand for high-performance, specialized fuels tailored to the needs of competitive racing. At present, motorsport racing in Australia makes use of a range of unleaded, homologated racing gasoline (such as Elf Race 102, 98 RON pump fuel, E85 blends, and specialist racing fuels) tailored to specific motorsport categories, with a strong emphasis on phasing out leaded gasoline and introducing sustainable options for premier racing series. Since 2024, Australia has witnessed significant innovations in terms of blended gasoline. For instance, BMW Motorrad (BMW AG) officially debuted its regenerative racing fuel, RacE-Fuel WSBK R40-A, with at least 40% renewable content at the start of the FIM Superbike World Championship (WorldSBK) season in Australia 2024. The fuel, a methanol-to-gasoline blend, successfully achieved approximately 99% CO2 emission savings compared to conventional fossil fuels, maintaining engine performance while significantly reducing the carbon footprint.

TotalEnergies; VP Racing Fuels, Inc.; Hyperfuel Inc.; Torco Race Fuels; Gulf Oil International; Renegade Racing Fuel; AFD Petroleum Ltd; Haltermann Carless Group GmbH; Sunoco LP; Shell Plc; F&L Petroleum Products; Newton Oil Company; and P1 Racing Fuels Ltd. are among the key players profiled in the racing gasoline market report. Other major players were also studied and analyzed in the report to get a holistic view of the market and its ecosystem. The racing gasoline market forecast can help stakeholders plan their growth strategies. The market study provides detailed market insights, which help the key players strategize their growth.

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