RACETEK LIMITED

What RACETEK LIMITED does

RACETEK LIMITED is a UK-based private company that develops and supplies RFID-based race timing, tracking, and race management systems under the RacetekLIVE brand, primarily serving organizers of fell, trail, ultra, and multi-sport endurance events across the United Kingdom and Wales. The platform combines hardware (base units, silicone rubber tags, watch tags, and number-embedded tags) with software for real-time competitor location monitoring, split-time capture, race dashboard visualization, and immediate results publication in PDF, XLS, and CSV formats. The system supports orienteering-style two-way tag writing and real-time communication from base units back to race headquarters.

Racetek's business model is a hybrid of low-cost hardware sales and per-competitor usage-based timing fees. Pricing is publicly disclosed: race organizers pay £1.50 per competitor as a standard rate, reduced to £1 per competitor when bundling with the Fabian4 online entry platform. A complete timing system for 200 competitors is priced below £500, and individual tags are sold at under £2 each. The company goes to market primarily through its self-service website, with physical event presence at the races it times functioning as ongoing demonstration and brand-building within the UK fell running community.

Founded in 2015 and headquartered in Loughton, the company has accumulated a public results catalogue spanning more than 100 events annually, covering locations such as the Brecon Beacons, Snowdonia, Llangollen, the Peak District, Derbyshire, and Yorkshire. Racetek appears to operate as an independent, founder-led private limited company with no disclosed institutional investment, acquisitions, or parent affiliations.

Name

RACETEK LIMITED

Legal name

RACETEK LIMITED

Website

https://racetek-live.co.uk

Company type

Private

Founded year

2015

Operating status

Operating

Short description

RACETEK LIMITED provides low-cost RFID-based race timing, real-time tracking, and results management systems for organizers of UK fell, trail, and ultra endurance events, combining hardware tags and base units with per-competitor usage-based pricing.

Ownership category

akta.pro rank

Product category

Race Timing Systems

NAICS

Spectator Sports (7112), Other Spectator Sports (711219)

SIC

Services-Racing, Including Track Operation (7948)

akta.pro primary industry

Access Control, Credentialing & Entry Management (Scan/Turnstiles/RFID) (MPAGAJAG)

akta.pro secondary industries

Obstacle Course & Adventure Races (OCR, Mud Runs, Adventure Racing) (MPAKAIAE), Road Running Events (Marathons, Half Marathons, 10K/5K) (MPAKAIAA)

Keywords

• Race timing systems
• RFID timing technology
• Event timing services
• Sports timing equipment
• Race management software

Headquarters

HQ city

Loughton

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Per-Competitor Timing Fees: Race organizers pay per competitor timed, with rates of £1/competitor when using their online entry partner Fabian4, or £1.50/competitor standard rate. This is a usage-based recurring revenue model tied to race events.
2. Hardware Sales: Sale of timing equipment including base units and tags. Full timing system for 200 competitors costs less than £500. Tags cost less than £2 each. Initial equipment purchase with minimal ongoing costs.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Racetek provides a complete RFID-based race timing, tracking, and management system for endurance and outdoor sports events. Organisers receive hardware (base units and wearable tags) plus the RacetekLIVE software platform to capture competitor check-ins in real time, monitor competitor locations, record stage splits, and publish results immediately to PDF, XLS or CSV. Pricing is usage-based at £1-1.50 per competitor, with full hardware kits available for under £500 for 200 competitors.

Product overview

RacetekLIVE is a race timing and tracking system offered as a unified platform. The core system consists of hardware (Base Unit, Rubber Tags, Watch Tags) combined with software for real-time tracking, race management, and results publication. Organizers can track competitor locations in real time, record stage splits, and publish results to PDF/XLS/CSV. The system is designed for low cost (from £1/competitor) with complete timing systems available for under £500 for 200 competitors.

Differentiator

Problem solved

Functional benefit

Products and services

• RacetekLIVE Race Timing Service
• RFID Base Unit
• Silicone Rubber Tag
• Watch Tag
• Race Number Embedded Tag

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Fabian4coreGTM or Marketing PartnerFabian4 is an online race entry platform that integrates with Racetek's timing system. Race organizers using Fabian4 for online entries receive a discounted timing rate of £1/competitor (versus £1.50 standard). The partnership enables seamless race registration and timing workflow for organizers.

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• MYLAPS Sports Timing: MYLAPS is a global leader in sports timing technology providing RFID transponder timing for running, cycling, motorsports, and multi-sport events. It represents the established enterprise-grade timing incumbent whose scale and breadth Racetek competes against at the lower end of the market.
• ChampionChip: ChampionChip is a long-established mass-participation race timing provider operating across road running, cycling, and triathlons globally. It serves the same end customer (race organizers) with chip-based timing at significantly larger scale and broader event types than Racetek.

Direct peers

• Ipico Sports: Ipico is a global RFID timing technology provider serving mass-participation endurance events. While larger than Racetek, it competes in the same RFID timing category for race organizer customers.
• RunScore: RunScore is a UK race timing and results service for running, fell, and multi-terrain events. It overlaps with Racetek on UK fell/trail racing events with a similar self-service pricing model.
• SPORTident: SPORTident is a UK/EU-headquartered provider of electronic punching and timing systems widely used in orienteering and fell running — the exact niche Racetek targets. Both offer RFID-based base units and tags with low-cost per-competitor pricing models.
• DBmax: DBmax is a UK-based race timing and event services company offering chip timing, results processing, and event management for running, cycling, and triathlon events. It directly overlaps with Racetek in target customer, geography, and service offering.
• Timing Solutions Ltd: Timing Solutions Ltd provides UK race timing services for running, cycling, and multisport events using RFID and chip technology. It serves the same small-to-medium UK race organizer segment that Racetek targets.

Others

• Fabian4: Fabian4 is a UK online race entry platform integrated with Racetek via a discounted pricing arrangement. As a complementary ecosystem participant — not a direct competitor — it channels race organizers into Racetek's timing services.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RACETEK LIMITED