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NAICS 711212, industry

NAICS 711212: Racetracks

NAICS 711212 is the industry code for racetracks. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.

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What 711212 covers

Racetracks operate tracks for horse, dog, auto and other racing before spectators, often with pari mutuel wagering.

Included in this code

  • Horse racing tracks
  • Auto racing speedways
  • Dog tracks
  • Motorcycle racing tracks
  • Drag strips

Not this code

Businesses that use 711212

Thoroughbred racetrackDirt track speedwayDrag strip

Financing for this trade

Racetracks finance facilities with commercial real estate loans and equipment loans for grandstands, lighting and track maintenance. Lenders look at attendance, wagering handle, media rights and casino revenue where present.

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Is 711212 the right code for a racetrack?

Yes, if you operate a track for horse, auto, motorcycle or dog racing before spectators. Amateur go kart tracks and recreational race experiences usually fit 713990. Casinos attached to tracks may use 713210 if gaming dominates revenue. Drag strips fit too.

What is the SBA size standard for 711212?

SBA sets the size standard for 711212 at $47 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Racetracks at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent racetracks fall well inside the limit, so size is rarely what decides an SBA application.

How are racetracks financed?

Owners use commercial real estate loans for the track and facilities and equipment loans for lighting, grandstands and maintenance gear. Lenders look at attendance, sponsorships, wagering handle, media rights and any gaming revenue that supports debt service. Permits matter as well.

What does NAICS 711212 cover?

Racetracks. Industry level code in NAICS 2022, under 71 Arts, entertainment, and recreation, 711 Performing arts, spectator sports, and related industries, 7112 Spectator sports, 71121 Spectator sports.

What financing do NAICS 711212 businesses use?

Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 711212?

On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.