711212 — Racetracks
Description
This U.S. industry comprises establishments primarily engaged in operating racetracks without casinos. These establishments may also present and/or promote the events, such as auto, dog, and horse races, held in these facilities.
Exclusions & Cross-References
- Owners of racing participants, such as cars, dogs, and horses, primarily engaged in entering them in racing
- events; trainers of racing participants; and independent athletes, such as jockeys and race car drivers,
- primarily engaged in participating in racing events are classified in U.S. Industry 711219, Other Spectator
- Sports;
- Establishments primarily engaged in operating casinos (except casino hotels), with or without racetracks,
- are classified in Industry 713210, Casinos (except Casino Hotels);
- Establishments primarily engaged in operating casino hotels, with or without racetracks, are classified in
- Industry 721120, Casino Hotels; and
- Establishments primarily engaged in operating off-track betting parlors or online sports betting sites are
- classified in Industry 713290, Other Gambling Industries.
Overview Facts
| NAICS Code | 711212 |
|---|---|
| Industry Title | Racetracks |
| SBA Size Standard | $47,000,000 |
| IRS PBA Code | 711210 (rolled-up match) |
| Sectors Hierarchy | Sector 71 → 711 → 7112 |
| Source / Verified | US Census 2022 NAICS Manual / 2026-06-28 |
Legacy SIC Concordance
Trace the historical mapping chain from the 1987 Standard Industrial Classification (SIC) to the modern 2022 NAICS code format.
- SIC 7948 - Racing, Including Track Operations (via SIC1987:7948→NAICS1997:711212→2002:711212→2007:711212→2012:711212→2017:711212→2022:711212)
Related Resources & Compliance Guides
Further regulatory reference links for NAICS code 711212:
- Sector 71 Directory Hub — List of related industries in the Arts, Entertainment, and Recreation sector.
- SIC ↔ NAICS Crosswalk Tool — Look up mappings between legacy SIC codes and modern classifications.
- SBA Size Standards Guide — Complete rules and averaging periods for small business classifications.
- Calculating Annual Receipts Guide — Detailed worked example of revenue calculation rules.
- IRS Principal Business Activity Guide — How NAICS codes map to corporate and entity tax filings.
Related Industries in 7112
Frequently Asked Questions (FAQ)
Is 711212 a valid 2022 NAICS code?
NAICS 711212 is 'Racetracks', a 2022 U.S. national industry under Sector 71 (Arts, Entertainment, and Recreation); the SBA small-business size standard is $47,000,000.
What is the SBA size standard for NAICS 711212?
The SBA small business size standard for NAICS 711212 is $47,000,000 (based on receipts).
What is the legacy SIC code mapping for 711212?
NAICS code 711212 maps to the legacy 1987 SIC codes: 7948 - Racing, Including Track Operations.