How do you get a racing sponsorship?
Let’s get started!
- Follow These 5 Tips to Find Your Racing Sponsor.
- Choose Your Target Sponsor Company (Should Have Some Affiliation with Motorsports)
- Determine Your Assets and Make Your Valuation List.
- Come up with an Agreeable Sponsorship Package and Proposal.
- Meet with Your Sponsor.
- Put It All Together in Writing.
How much do sponsors pay race cars?
According to Business Insider, over the 38 race NASCAR season, primary sponsors will pay between $5 and $35 million dollars. While expensive, primary sponsors have theie logos placed on the hood, rear quarter panel, TV panel, deck lid and roof panel.
How much does it cost to sponsor a race?
It also depends on how long you want to sponsor the car for. You could pay anywhere from $10,000 to $50,000 for a single race deal, or several hundred thousand dollars to have your brand there for the full season.
How do kids get sponsored for racing?
Racing programs cost a lot of money. Sponsors can help support your program or elevate it to the next level. But, how do you go about getting a sponsor?…Do’s
- Treat your Race Team as a Business.
- Sponsorship Proposal.
- Research the company.
- Establish a Relationship.
- Do Business with a Potential Sponsor.
How do race car drivers get sponsors?
Generally, people will ask about your career and they might show an interest in the ‘racing driver’ title, and this is an easy ticket to move the conversation onto your partnership opportunity later down the line. People are much more likely to sponsor you if they feel like they know you.
Who can I ask to sponsor me?
The following industries are all good ones to focus your sponsorship efforts on:
- Banks.
- Hotels.
- Grocery chains.
- Insurance companies.
- Food brands.
- Beer brands.
- Major retailers.
- Airlines.
How to get sponsors for your motorsport business?
1 Choose a target sponsor company that’s affiliated with motorsports or has sponsored motorsports organizations in the past 2 Determine your most worthy assets and put them on a valuation list 3 Work on your sponsorship package and sponsorship proposal 4 Meet with the sponsor to discuss ideas 5 Document the meeting and proceed from there
Why should I sponsor my race?
Aside from supporting your race financially, sponsorship can lend credibility to your event. Remember that sponsors are investing in your event, and expect and return on that investment. They are looking to increase their business in return for the exposure that your event provides them.
How many sponsors do you need for a racing event?
So yes, choose a handful of sponsor brands, maybe a dozen or two dozen depending on how many sponsors you want for your racing event. You can target maybe one or two long-shot big brands, but I’d recommend creating a list of target sponsors more likely to say yes than no.
What sponsorships can I offer for my event?
Here is an example of classic sponsorships you may offer: 1. Reference to the event name, preceded by your company name 2. Prominent logo and/or company name on all promotions and publicity including: TV ad spots, radio PSAs, print ads, press releases, 25,000 flyers, 1000 posters, 14,000 race applications, 2000 volunteer applications, 4000 T-shirts