Approach the deal as a win-win for both sides. A racing sponsorship proposal is much like sports proposal but the template should be somewhat racing oriented and it must highlights racing as primary facet of the proposal. Podcast 043: How to find and understand sponsor goals, Podcast 026: How to Tell if a Sponsor has Budget to Work With You, Podcast 009: How to Craft a Winning Subject Line. But I wouldnt rely on these to fund your racing career, there are better ways to find sponsorship. The prototype race car is to be evaluated for its potential as a production item. Dirt Track Racing Sponsorship Proposal is a perfect instrument for witnessing thrilling events. FREE 4+ Racing Sponsorship Proposal Samples [ Team, Car, Driver ] In return, the business organization gets the necessary advertisement and promotion which increases its brand awareness and reach. You have to convince a potential sponsor that YOU are the person who will work for them. The Complete Guide to Motorsport Sponsorship - Racing Mentor Do you have a special story? re*6;Eoqb1tnhzu j{IHa$~]8R6.Vw|D,qn"Q7li~=h;n"Q7YG:AZ|j_QlYG: f.c|fi~ F-f.c|5q>56,qn"Q7lx+h;n"Q7YG:AZ|j_QlYG: f.c|fi~ F-f.c|5q>56,qn"Q7DEPc,z3s(eT}HHFGM8+A9"3z]8k7v(D{Yz3.)^q-yuOR. On behalf of Val Apple Motorsports and the Leg Daddy Racing rally team we appreciate the opportunity to introduce you to the world of Rally Racing. This style of sponsorship is much more focused on being able to help the team, and to have the right to use images throughout the year in a brand's other marketing efforts. Get involved in relevant discussions around motorsport and your niche. Businesses who sponsor drivers will pay money or provide free (or more likely. E@!Euq[dIV%ehJQ5$ Available on your favorite podcast player. Expect huge costs to be competitive, and cutthroat competition (both on and off the track) Realize those exponentially higher costs usually way outweigh the additional prize money. AB-InBev, the parent company reported 54.3 billion in profit during 2012. Sponsorship agreement team: Fill out & sign online | DocHub Treat the race car sponsorship proposal as a business transaction. Our series (Star Mazda or FF2000 Championship) usually serves as a support race Explain up front that you are seeking sponsorship for your racing team and that the organization will find the proposal attached. industry, as well as actionable expert tips to help you stay ahead of the curve. For one: Hawk performance brake pads has given me a TON of support through their Hawkbucks. Download. Advertisement Envato Elements (Design Without Limits) 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. How to Write a Sponsorship Proposal (Motorsports) - YouTube <<5EC83BD88C05E142B8DC1C06ED146CA3>]/Prev 813923>> Being a part of racing brings great value, and Supporting Sponsorships are a great way to dip a toe in the water of racing without too much risk. 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. Race Car Sponsorship Proposal Template - Gunnigle2020.com Approach the deal as a win-win for both sides. This will re-iterate facts about the event benefits, and features. Copyright 2023 Leaf Group Ltd. / Leaf Group Media, All Rights Reserved. Once youve established a bit of a rapport (2-4 messages), dont be afraid to link what you do to whats being discussed. Is your account popular How many Thousands of followers do you have? Though my experience was generally limited, I never saw ANY return from any of it. Another element of finding and securing sponsors is building a strong network. Click the link below to read more. I think motorsports has become too commercial and that sponsorship interferes with good racing. Work from the outlines you prepared to include all of the important details. Racers and sanctioning bodies are using new ways to find sponsorship dollars in 2020. Yes, the sponsor may recommend a few of their own ideas or recommend you nix certain belongings or activations. If they have paid for these or similar sponsorship benefits in the past, the ball is on their court to argue why the same terms won't work this year round. Its a great thing to have but it will not help you secure sponsors on its own. In terms of identifying potential sponsors to approach, you should prioritize the following groups of candidates: In many cases, where a sponsor runs an active program for seeking out or inviting sponsorship requests, the sponsor will want to make it easier for you to reach them. We would like to pick up sponsors for our US Legends race car. What is the sponsor trying to get out of a potential sponsorship of your event? There is occasional TV coverage, but it isnt major. 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. The second is a simple showcase of who you are. Racing Sponsorship Proposal Template Details File Format MS Word Google Docs Pages Download 2. Make your direct pitch. It does not mean that it must include false claims or misleading information. If you can convince a company to sponsor you, but that company doesnt quickly see the value. If you are savvy enough to get some sponsor support, and successful enough to earn contingency sponsor prizes, you may be able to cut a significant chunk of your seasons budget. Head Start is our industry podcast, delivering in-depth content on anything cool happening in the 3. If you are a driver seriously seeking sponsorship, take the time to read some of these so you can come out of the gate strong. 0 Sprint Car Racing Event Sponsorship Proposal Powerpoint Presentation Slides Take pictures of you, your team and your car. The racing team approaches a mid to high scale business organization asking them for sponsorship. Similarly, a racing sponsorship proposal is a document that a racing team presents to some individual or a business to get sponsorship from them. Post on social media consistently, send out pitches on a regular basis, and do your follow-ups once a week. Racing is an expensive sport that requires investment and sponsorship. Offering hospitality and a TV audience isnt enough. It is a document that seeks help from sponsors to help them with their racing careers. If you can't use either of these for whatever reason, the next best thing would be to use Facebook's Audience Insights tool. Motorsport Sponsorship: How to Get Racing Sponsors Sponsorship is not charity. Sponsorship Proposal Template for Racing.doc - 2011 Team Becoming a NASCAR team sponsor is a big step for any company, regardless of size or budget. It is obvious that every sponsorship is made with the viewpoint of getting benefits in return. Paying fans bring attention for sponsors and even prize money (Also something conspicuously absent from club racing). Find out within 24-48 hours if you can be sponsored by Autoplicity, Pedal Commander, Slick Products, VLEDS, Perfection Wheels, North Lights, Vicrez and over 400 of the biggest names in the automotive industry. 3. The objectives for your first contact with potential sponsors are to (1) come across as a credible partner and (2) secure a follow-up meeting or call. Print out the letter and mail it or hand-deliver it to the potential sponsor. I know they did what they promised, but handing out business cards and putting my sticker on their car wasnt effective enough to warrant any future involvement as a sponsor. Simply putting a name out doesnt always mean it will come back as added revenue for a company. Everyone from the outside thinks that everyone racing cars has sponsors. This presentation is designed to provide a first look into the demographics, fan base, consumer loyalty, and buying power of the Rally Racing fan. 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. 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. Match those goals with what you can offer. You dont show up to a job interview in flip flops with photos to show on your phone to showcase. 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. The people who get sponsors often arent the fastest or best drivers, they are the people who can get the most positive attention for the advertiser. Sponsorship Propsals - Bob Hilbert Sportswear Dirt Racing National Free Racing Sponsorship Proposal Example - Flip eBook Pages 1-12 | AnyFlip Make sure you get the details for the decision-maker. Paramount Primary. 03. We are currently pursing sponsorship for the upcoming race season, and we can create a package to suit your. PDF Sponsorship Proposal For - Ricky McGough Racing This is a more simple document that tells your story. Which is why in this definitive guide we aim to give you crucial tips and step-by-step advice to help you find your way to a successful sponsorship, whatever your event's stature.