The racing sponsorship proposal samples given on this page will help you in creating an effective racing sponsorship proposal. . 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. Everyone from the outside thinks that everyone racing cars has sponsors. ?be$I&!=~DJ)*]]GVw(La( YK1s4Vt/z=Q1endstream It is in that follow-up meeting, also known as a discovery session, that you and the sponsor will be discussing your sponsor's needs and how a sponsorship of your event could help meet them. I think motorsports has become too commercial and that sponsorship interferes with good racing. Getting a renewal for a second year comes down to one small thing: Did you help your sponsor reach its goals? This clean sponsorship proposal design fits all kinds of projects. Do not plead. Every survey ever conducted of race directors points to finding and securing race sponsors as their #1 headache. . You also may be able to offer experiences, such as hosting the company at the race track. Social media is king. to see that back in extra sales. You're already in a slim minority of organizers: you have someone interested enough in your race to want to spend time hearing what you have to say. You might be operating in a specific niche (see below for more details) or area. Motorsport sponsorship doesnt just have to be about hospitality and a sticker on the car. Assuming the commitments you've undertaken are realistic (ambitious deliverables are good, provided you can get there in the end), delivering on your sponsorship should come down to a project management exercise: tracking goals, updating sponsors and making sure what needs to be done gets done. Approach the deal as a win-win for both sides. In the case of a racing sponsorship proposal, the racing team gets the benefits in monetary terms whereas the sponsor gets the benefits of advertisement, promotion, brand reach and awareness, and customer engagement. Instagram is a powerful platform for building a following and promoting your racing brand. Trying to race while sticking to a budget? Money demands include the car itself, parts, gas, assistants, a trailer and fees to enter races. @JP)^~")x&d=AALKTbh;}R3qbf>T;T9+x~_e]p5| .FH+&. Announcement [Event.Name] (Event.Date) (Event.Location) Are you going to help that business make more sales? Nationally Televised racing is just that. Check out our insightfully designed Sprint Car Racing Event Sponsorship Proposal that details the Companys events, drivers profiles, and sponsorship levels. Include bosth posed shots around the car, so the sponsor gets to know your face, and shots of races. It does not mean that it must include false claims or misleading information. As long as you can provide value, youll go a long way. Text of Pravega Racing Sponsorship Proposal. Think about those reasons you stand out. Your approach should include details of how youll provide value to them. Easily Editable, Printable, Downloadable. This will be key in making sure theyre happy throughout the year. You still need to be able to eloquently put your case across in writing. After all, they're after your event as much as you're after their sponsorship! Have a question? However, there's a few things you could do to maximize the chances that your sponsorship remains relevant and you stay at the front of your sponsor's sponsorship queue: Getting sponsorship for your event is a daunting task. Sponsorship is a commercial arrangement, meaning both parties are in it for some form of commercial gain - direct on indirect. It is a document that seeks help from sponsors to help them with their racing careers. Racing Team Sponsorship Proposal verrazanobikes.com Details File Format PDF Size: 31 KB Download 3. Include a quick reference of what that audience corresponds to in your proposal to be transparent with sponsors on how you got the information. Race Car Sponsorship Proposal Template. s !1A"3Qa5RSTrt#$2BqUb The race car sponsorship template is a writable document needed to be submitted to the relevant address in order to provide certain info. In this article, we have some handy racing sponsorship proposal samples in PDF available for your use. Im going to open this post with a hard Truth: Road Racing Sponsors are NOTHING like what 99% of people think they are. AB-InBev, the parent company reported 54.3 billion in profit during 2012. You must also inform your potential sponsor about the different metrics that will be used to record and evaluate the success of the sponsorship program as agreed with the sponsor. F1 and NASCAR have lucrative TV deals and sell out stadium seating with exorbitant ticket prices club racing may have incredibly competitive (and more pure, IMO) racing, but even with free admission there are never more than a few people in the stands (Who are almost always drivers in other classes, crew, or people directly related to drivers). 20+ FREE Racing Sponsorship Proposal Samples in PDF, Download 26 BEST Baseball Scoresheet Templates [PDF, EXCEL, WORD], Professional Apology Email to Customer Templates, Tips for Writing a Memorable Farewell Email with FREE Templates, Writing a Kind Job Rejection Letter [FREE Samples in Word & PDF], How to Write an Open House Invitation Email (with Samples), 16+ Official Statement of Account Templates [in Excel & Word], Writing a Formal Letter to Request Raise in Salary (FREE Templates), Local Racing Tournament Sponsorship Proposal Sample, Individuals Racing Sponsorship Proposal Sample, Racing Sponsorship Proposal Request Sample, Electrifying Racing Sponsorship Proposal Sample PDF, Special Racing Sponsorship Proposal in PDF, Motor Sport Sponsorship Proposal PDF Sample, Simple Racing Sponsorship Proposal Sample, Off Road Racing Sponsorship Proposal Document, How to Write an Effective Racing Sponsorship Proposal? While it contains loads of feedback to help you create a proposal that gets you noticed, its actually designed to guide you through the process of positioning yourself in a way thats desirable. When he would ask them what their plan was to earn him enough business to offset his costs, they were often dumbfounded or would reply, frustrated, that theyll obviously display his stickers! Write down all important facts, such as the biographies of the racers and the team's success rate. Be sure to include a call-to-action so the decision-maker knows what you want them to do next. 68 11 Learn about the business field to approximate how much revenue the sponsor brings in -- you want to be reasonably sure the organization can afford what you are asking. An initial deposit of ($ amount) must be paid on or before (date). There are so many businesses with sponsorship programmes. 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? The sponsorship package underpins the agreement fire your organization and your sponsor. Make your direct pitch. industry, as well as actionable expert tips to help you stay ahead of the curve. Offering hospitality and a TV audience isnt enough. However, here's our high-level advice on how you should approach this stage of your dialogue with the sponsor, depending on the level and depth of your working relationship: If you have worked with the sponsor on previous events and you are confident in their appreciation of your past efforts, you can be more firm with them and negotiate harder. Weve also included page references for the Get Paid to Race book (currently only available as an ebook). 68 0 obj <> endobj So when you do get a sponsor on board it pays hugely to invest in keeping them happy. Our team becomes an extension of the marketing department of our sponsoring corporations or . Your proposal can't be, "I have a race car and it gets seen by a lot of people, therefore, if you put your logo on my car you. If youd like to see examples of the pages in the Racing Mentor sponsorship proposal template, take a look here. You're the solution to their problems pitch yourself that way, rather than presenting your favorite things about yourself and some special award you got hoping they bite. Consider what will be most impressive to the types of sponsors you want to target. No Money Motorsports, Ultimate Spec Miata Handbook for BUDGET racers No Money Motorsports. Expect to promise a specific number of race appearances, shows, online presence, blog posts, etc. 0 Go more into depth with your research to get a sense of their specific goals. Dont feel like you need to include a shiny proposal document in the first instance. Where can I find sponsorship opportunities? Try and see the positive in every situation. Until recently, this was called the Busch Grand National Series. If you can convince a company to sponsor you, but that company doesnt quickly see the value. Heres what it gives you: A companion document that will help you fill out each section, Guidance of speaking to a business goals, A replacement for your own branding and design style. Use a phone line that you are primarily responsible for answering, such as your cell phone, so calls are not missed. 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. This means trying to figure out: Listen. There are two reasons to have a sponsorship proposal, the first is position yourself as someone who can help a business. Will you sponsor my race car? Your personal brand is the thing that your fans will get behind but its also the thing that will show how you stand out over other drivers too. It will be worth it. With all this information, it should be easy to write a pitch that really speaks to the business and its goals. Another element of finding and securing sponsors is building a strong network. A picture of you in your race suit. Do people regularly gravitate towards you for some reason or other? One easy - and cheap - way to do that is by giving your sponsor first dibs on next year's sponsorship and other similar benefits that don't impact price directly. Collect this information together when it comes to talking about renewal. Skilfully navigating all the necessary steps to signing up a sponsor and keeping them happy will give your event a strong advantage towards long-term prosperity. 2011 team racing sponsorship proposal our desire. %&'()*46789:CDEFGHIJVWXYZcdefghijsuvwxyz ? It takes only a couple of minutes. Dirt Track Racing Sponsorship Proposal is a perfect instrument for witnessing thrilling events. 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. In this article youll learn how to establish yourself in a way that makes you stand out over other racing drivers, the basics of sponsorship in motorsport, what works and what doesnt, the kind of research you need to do before you pitch for racing sponsorship, how to build relationships with potential sponsors, how to send a pitch email, and how to get your sponsors to renew. Similarly, a racing sponsorship proposal is a document that a racing team presents to some individual or a business to get sponsorship from them. Some basic terms and conditions are: In the end, leave some space for the signatures of the representatives of both parties to the sponsorship agreement. Include contact information on the introductory letter and proposal. Post on social media consistently, send out pitches on a regular basis, and do your follow-ups once a week. More likely than not, however, the sponsor will come back with questions and perhaps a counter-offer on the scope or price of the sponsorship. If you have questions you think other race directors may know the answers to, or just want to chat about It is really pointless trying to go over all the possible variations of a sponsorship negotiation. A motorsport proposal template wont be for everyone. Description: Thank you for your interest in sponsorship from Summit Racing Equipment. First, provide a history of you and your racing team. Draw your signature, type it, upload its image, or use your mobile device as a signature pad. Proposal for Auto Racing Sponsorship by Moorespeed Race Engineering 2131 Theo Drive Austin Texas, 78723 512.474.7223 www.moorespeed.com. Making sure the right type of information is included though does matter. This presentation is designed to provide a first look into the demographics, fan base, consumer loyalty, and buying power of the Rally Racing fan. 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. This might seem like a long process but it makes it so much easier to turn to those contacts when you need sponsorship or see an opportunity. 19 0 obj Try reframing any negative thoughts into something more positive. How to Find a Sponsor as a Beginner Triathlete. He's collected 60 race wins as well as the 2014 championship. Posted on January 12, 2023 by admin. Feel free to email jess@racingmentor.com. You have to convince a potential sponsor that YOU are the person who will work for them. If you know a business has the goal of selling more through social media without using ads then your proposal absolutely needs to address how you might help with this. Strongly Disagree 0.44%. If, on the other hand, this is your first year working with the sponsor, focus on execution and delivery, not on trying to squeeze the most out of your sponsorship. When you need Racing Sponsorship Agreement, don't accept anything less than the USlegal brand. Harvick has spent 23 seasons in the NASCAR Cup Series. How long you have been racing. The racing team approaches a mid to high scale business organization asking them for sponsorship. This is where you get to make a first impression and also stand out from a sea of sponsorship demands that end up in the trash bin. If you get into Pro Road-Racing, they sell tickets for events, but aside from one-off popular events (like 24 hours of Daytona) there are still very few people in those stands. It will not offset all your costs for an entire weekend, but they can go a long way to lowering your expenses. Becoming a NASCAR team sponsor is a big step for any company, regardless of size or budget. 1. Many more also emulate a classic livery because it looks really cool, without any form of compensation. Dont be afraid to think outside the box you dont have to do what every other driver has been doing for all of time. There is occasional TV coverage, but it isnt major. By getting your name into the press, your message is spread further than your existing audience. Do you have a special story? Getting sponsorship in motorsport requires dedication but a lot of drivers are still doing the same things that once worked and now dont. So make it count. The majority of our racing will be at Western Springs Speedway as this is where New Zealand's best drivers . This style of sponsorship is much more focused on being able to help the team, and to have the right to use images throughout the year in a brand's other marketing efforts. No matter what you do, try and bring consistency into all elements of this process. Sponsorship brings so much more than a logo on a car .