GENERAL. North Carolina is home to 90% of NASCAR teams, and the motorsports industry has a $6-billion dollar impact on our State economy. The motorsports industry employs over 26,000 North Carolinians and has grown 25% in the past five years. NASCAR’s Hall of Fame and corporate offices, the Charlotte Motor Speedway and over 1,000 teams, tracks, businesses and educational institutions in our state support this industry.
North Carolina’s world-class motorsports industry is well-positioned to meet the military’s existing and emerging requirements. Specifically, the motorsports industry’s capabilities in research and development, automotive engineering, rapid prototyping and new product development make it uniquely suited to meet the requirements of the United States military to sustain and modernize its tactical vehicle fleet. Businesses in North Carolina that are engaged in any aspect of motorsports or the automotive industry should contact the North Carolina Military Business Center for connection to military-related vehicle and other equipment opportunities.
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NCMBC Key Information
NCMBC-assisted firms won 2749 contracts – worth between $8.2 billion and $30.9 billion – from the NCMBC’s opening in 2005 through September 2017
FY2016: Federal agencies awarded $4.6 billion in prime contracts to companies in 100 of 100 North Carolina counties
FY2016: Department of Defense awarded $2.4 billion in prime contracts to companies in 79 of 100 North Carolina counties
The NC Military Business Center, the NC Community College System, and the State of North Carolina do not officially endorse events. These items are posted strictly for the information and convenience of NCMBC customers.