Many people think sponsorship is easy: Sponsorships are not charity. The target marketing group for the race car is the non-professional weekend autocross racer. If you'd like to see examples of the pages in the Racing Mentor sponsorship proposal template, take a look . Building relationships can take a number of different forms: You might be going to networking events to build relationships with local business owners. However, it must be written, formatted, and presented in such a way that it attracts the other party (sponsor) to accept your proposal and make them ready to sign the sponsorship agreement with you. There are tons of Martini and Gulf liveried vehicles in Club racing, but Id guess that not a single one is doing it as a sponsorship. Dont skip this step because it could be the difference between no reply and a career-changing sponsorship deal. Some of the more common types of sponsorship are: What sponsors look for in any sponsorship is a good return on their investment of time, funds and other resources - what is commonly known as the sponsorship ROI. Partnership is the key word here, treat it as a partnership, not a sponsorship. Tell us about it. To wildly oversimplify it: Crapcan Enduros (non-licensed) are considered the basement tier. smoga07 Sponsorship brings so much more than a logo on a car . Kyle Busch proposes Anheuser-Busch with NASCAR sponsorship You need to show up to a potential sponsor with a persuasive, well thought out plan. Unless you are approaching a major sponsor, do not ask for your total racing costs -- potential sponsors are likely to balk and deny your proposal when faced with large sums. Not all benefits will be relevant to every business. stream Sponsorship Proposal - Pearson Racing Faith Motorsports takes great pride in making sure each sponsor's expectations are greatly exceeded. Racing is an expensive sport that requires investment and sponsorship. PDF Sponsorship Proposal For - Ricky McGough Racing 7I@5n3'~F4Ea Y}l.kZxsBH\b;vaMwvwWqu'_P\>v9$jdH&HGoJF4FD@np=iU'Eht8zst- i[mZx*4gI" ^ @JiA Our very own Frank Galusha sits down with accomplished sprint car racer, McKenna Haase, as she explains best practices for sponsorship marketing presentation. How to Get a Motorsports Sponsorship| Little Power Shop The racing team approaches a mid to high scale business organization asking them for sponsorship. How to Get Sponsorship for Your Car Build: Pro Tips So, this section must clearly answer the sponsors potential question which is What is in it for me? If the potential sponsor is satisfied with the answer to this question, it is highly likely that it will agree to the sponsorship. Research the sponsor you are targeting. Instead, provide a general overview, such as "Parts alone last year cost $X.". We've done it ourselves and know many stories of race directors struggling with it, so we get your pain. Available on your favorite podcast player. You still need to be able to eloquently put your case across in writing. Although you've come a long way its still easy to get undone at this stage by the two cardinal sins of sponsor-seeking: Yes, copying your last sponsorship proposal and editing your sponsor's name and company details is tempting - it will definitely save you a lot of time. Don't feel like you need to include a shiny proposal document in the first instance. re*6;Eoqb1tnhzu j{IHa$~]8R6.Vw|D,qn"Q7li~=h;n"Q7YG:AZ|j_QlYG: f.c|fi~ F-f.c|5q>56,qn"Q7lx+h;n"Q7YG:AZ|j_QlYG: f.c|fi~ F-f.c|5q>56,qn"Q7DEPc,z3s(eT}HHFGM8+A9"3z]8k7v(D{Yz3.)^q-yuOR. How to Write a Sponsorship Proposal (Motorsports) Official C2 Racing 449 subscribers Subscribe 5.5K views 2 years ago This video will walk you through the creation of a sponsorship proposal. 10+ Automotive Sponsorship Proposal Samples 1. The Complete Guide to Motorsport Sponsorship. When you watch any racing event like Formula One or MotoGP racing event, you see the names, stickers, and banners of different companies or organizations everywhere. Also, make sure you treat these sponsors right to keep them on board with sponsorship: Run their products and post your appreciation when you win. Proposal for Auto Racing Sponsorship by Moorespeed Race Engineering 2131 Theo Drive Austin Texas, 78723 512.474.7223 www.moorespeed.com. Until recently, this was called the Busch Grand National Series. 2. Sponsorships are not charity. Social media is king. The prototype race car is to be evaluated for its potential as a production item. Similarly, a racing sponsorship proposal is a document that a racing team presents to some individual or a business to get sponsorship from them. 03. ]Ak#5MI/:qY'OTf{yU -OFyb8 h `'( (Z}+@% zAeZ7 Lo 00g` C pfY[ ]^D Explain up front that you are seeking sponsorship for your racing team and that the organization will find the proposal attached. Go more into depth with your research to get a sense of their specific goals. Racing Sponsorship Proposal Template Details File Format MS Word Google Docs Pages Download 2. Feel free to drop Racing Mentor a message on social media if you have any questions. Racing Sponsorship Letter - Fill and Sign Printable Template Online Dont just approach motorsport press for coverage. Race Directors Hub. s !1A"3Qa5RSTrt#$2BqUb Motorsport Sponsorship: How to Get Racing Sponsors Keep that in mind when frustration sets in along the way. Single sponsor entire race car and enclosed trailer: $5500 * Indicates primary sponsorship. Do you have a special story? Your approach should include details of how youll provide value to them. How do I write a sponsorship proposal? 25 Best Event Sponsorship Proposal Templates For 2022 I've been a passionate go-kart racer since I was eight years old and all through the years have accumulated a . Make it very clear why you stand out over other drivers a niche that goes beyond motorsport can really help you here. These are generally labor services vs paying cash or parts. Dont feel like you need to include a shiny proposal document in the first instance. Businesses who sponsor drivers will pay money or provide free (or more likely, discounted) parts, expecting that the advertising you do for them will earn back their investment and then some. Many more also emulate a classic livery because it looks really cool, without any form of compensation. It will not offset all your costs for an entire weekend, but they can go a long way to lowering your expenses. Thanks, Hopeless Tuner. Simply putting a name out doesnt always mean it will come back as added revenue for a company. Contacting a sponsor is like contacting a potential employer. These may include publicity on your car or trailer, promising to wear the sponsor's logo at press events and offers to attend public events as the sponsor's representative. Description: Thank you for your interest in sponsorship from Summit Racing Equipment. Now that weve taken the air out of the Free money sails want to read up on some other ways to participate in Track Days and Racing? You might be operating in a specific niche (see below for more details) or area. Ask them questions, create content that speaks directly to them, and get involved in discussions with them. Increase sales? 02. %PDF-1.3 TABLE OF CONTENTS Overview Series Information Companies Involved in Racing Sponsorships . 2011 team racing sponsorship proposal our desire. You can customize the colors to match your company's brand. We believe auto racing sponsorship can offer a significant foundation from How do I find companies to sponsor my race car? Fast shipping, quality parts. Sponsorship - K1 RaceGear If you're already using a project management tool, like Asanaor Basecamp, to plan your race, set up a new or side project for your sponsorships. If you are looking for racing sponsorship proposals, you are at the right place. Our packages range from $1,000 personal sponsors to premier. These details usually include your name and contact details and the name and contact details of the potential sponsor. This deck can help spark conversations that eventually lead to a sponsorship proposal. How do I find companies to sponsor my race car? This is why: Keeping that in mind, if it comes down to a price negotiation, your first instinct should be to try to increase sponsorship than dropping your sponsorship price. Once you have identified suitable organizations to target, you need to find the best person to contact within the organization to discuss your sponsorship proposal. Treat your Race Team as a Business. yFp*BdD6Th|n:MB+FQ2H.7(`GnJU/pL@jgU:5vy:o.1'4;ciII_9'd\H CnIX+h9=veJNIG4J^ aND[PMqd4re3@YqW^>:>@=ApLiR&s[}.Fm dA (TQ~jxl2,* Type text, add images, blackout confidential details, add comments, highlights and more. Start by making a list of the businesses youd love to work with. The template proposal sponsorship comes in A4 and US Letter size. How to Find a Sponsor as a Beginner Triathlete. The most effective thing you can do to minimize out of pocket expense is in choosing a car that is affordable, reliable, and wont blow through consumables. Thank the letter reader for his or her time and include all of your contact information. Your job in sponsorship, as the so-called rights holder, is to leverage all sponsorship assets (=things the sponsor may be interested in) in your property (=your race) in the service of the sponsor's commercial objectives. Podcast 032: How to Maximise Opportunities on LinkedIn, Podcast 031: How to Make a Winning First Impression, Podcast 025: How to Make the Most of LinkedIn, Podcast 010: Why Business-Minded Drivers Succeed, Get Paid to Race pages: 107-114 and 129-132. Dont be afraid to think outside the box you dont have to do what every other driver has been doing for all of time. Harvick has spent 23 seasons in the NASCAR Cup Series. Val Apple Motorsports, Inc. 2. Steps. Of course you can. If you already have an established brand including logo, colours, fonts and tone of voice, then a racing proposal template could help you present all this in an attractive and effective way. This might shift and change over the years, and thats fine, but at its core, its about how you present yourself to your audience and sponsors. Write down every possible attribute you can give to a sponsor. Instagram is a powerful platform for building a following and promoting your racing brand. 0000055057 00000 n Blanket emailing everyone in your local area wont work, so you need to put a little time into researching relevant businesses. Take a look at this blog post for an updated list. Instead, you plan on cracking a beer and laughing with them over your in-car video once you get back the pits. Then, when it comes time to talk about renewal, youll have clear evidence of how youve helped them hit goals and milestones. The racing sponsorship proposal samples given on this page will help you in creating an effective racing sponsorship proposal. Consistency is all about keeping going. A fictional manufacturing company has contracted a student design team to develop a small Formula-style race car. However, getting more followers on Instagram can be challenging, especially with so much competition out there. Itll be the basis for everything you post on social media, how you write race reports, and more. Look for brands that are actively trying to promote themselves and look at how you can add to that. Once you have a list of what youll offer, think about the benefit of each the direct impact that thing will have on the business and its goals. This all comes down to value. The relevant terms and conditions of the sponsorship must be included in your racing sponsorship proposal. For example, if youre targeting fitness brands, the decision-maker will want to see that youre a source of inspiration and advice for your audience. The experience gained is certainly valuable, but there arent any NASCAR Scouts at club road racing events, and IMSA teams wont be impressed if you finish mid pack of a 5 car field. Do not plead. However, when you intend to write a racing sponsorship proposal from scratch, you must know about its basic elements which are explained below. Motorsport sponsorship has changed over the years and this guide will show you exactly what you need to do to find success. Getting sponsorship in motorsport requires dedication but a lot of drivers are still doing the same things that once worked and now dont. 0000000839 00000 n If youre looking to higher-end businesses for sponsorship, consider hiring a designer to produce a proposal that will fit both yours and the businesss brands and include exciting content like mock-ups.
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