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Sponsorship is not charity. Just dont think that simply having a few thousand followers means youre prime sponsorship material, expect to work prove that value and work at it. I will put your sticker on my car and get you 1,000 more fans all wanting your stuff, all you have to do is give me some free products. You can use this to get an idea of a suitable industry or company. 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. If you dont, it might be worth working with a designer to create this as they work on your proposal. This presentation is designed to provide a first look into the demographics, fan base, consumer loyalty, and buying power of the Rally Racing fan. Leg Daddy Racing Sponsorship Proposal 1. Include references to your relationship-building conversations. 1. For those of you that have your email pitches down to a tee, and have a little bit of design knowledge, a template might be a little pointless. It will be worth it. It has to be filled-out and signed, which is possible manually, or with a particular solution like PDFfiller. Take pictures of you, your team and your car. Getting a response from your sponsor on your proposal is amazing news. Do you have a very popular online presence? 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. Type text, add images, blackout confidential details, add comments, highlights and more. These are usually negotiated by the club themselves, not the individual so consider them Free on your own legwork side. 2. $ 15K . What makes you different from any other person? *} And you're not alone. but you surely wont be walking away with a heavier wallet. You might be getting involved in discussions on LinkedIn. AB-InBev, the parent company reported 54.3 billion in profit during 2012. 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. Yet you can derive nearly all the same benefits. How it REALLY works, what it really is, and how to get it. Money demands include the car itself, parts, gas, assistants, a trailer and fees to enter races. Here are the steps to follow to earn a motorsports sponsorship: Choose a target sponsor company that's affiliated with motorsports or has sponsored motorsports organizations in the past Determine your most worthy assets and put them on a valuation list Work on your sponsorship package and sponsorship proposal Meet with the sponsor to discuss ideas The racing sponsorship proposal samples given on this page will help you in creating an effective racing sponsorship proposal. Anheuser-Busch is one of the core NASCAR sponsors, aside from their sponsorship of Stewart-Haas Racing. :Us&4h[W)0PrysM~;Dy,GLZpb>fJ#u\:rV.BPsGG2 &11f'QO)KA4WO6ORej[d\KxgsugUucdM* C6bOG'+$(}>g$7fcT-?%tLRO7&J|t4hQ+h;M>>+/~ Collect evidence throughout the race season testimonials, statistics, etc. The appeal of any asset you offer will depend on a number of things, including the sponsor's objectives, line of business, business cycle and their ability to activate those assets. Single sponsor entire race car and enclosed trailer: $5500 * Indicates primary sponsorship. "What does my event have to offer to potential sponsors?". Tallulah Philange has worked as a journalist since 2003. It is really pointless trying to go over all the possible variations of a sponsorship negotiation. Expand awareness of their product? Whether its fitness, cooking, football, modern art, or something else, itll open up so many opportunities for you. This is by far the most useful and engaging type of proposal and the kind the template will help you create. Fast Feb is back but its looking a little different for 2023! Start to search for similar businesses that might be a better fit (based on size/locality/product etc.). The proposal should include the background information of the team, a driver profile, geographical information about the racetracks, and the levels of sponsorship with pricing and items or services included. Then, when it comes time to talk about renewal, youll have clear evidence of how youve helped them hit goals and milestones. Create a two-way relationship with your audience. To make that happen, you need your initial reach-out to be as concise and to the point as possible. You might be operating in a specific niche (see below for more details) or area. Your approach should include details of how youll provide value to them. Write down all important facts, such as the biographies of the racers and the team's success rate. 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 relevant terms and conditions of the sponsorship must be included in your racing sponsorship proposal. . Find a champion to cheer you on, even when things are tough, Take some time to write down your goals and plans on a weekly basis, itll help keep you on track, Podcast 035: What to Do If You Lose Motivation, Podcast 030: How to Stay Positive, When the Going Gets Tough, Podcast 027: How to Overcome Imposter Syndrome as a Racing Driver, If what youre doing isnt working, try something different, Motivation and advice on the Racing Mentor Instagram, Get advice and accountability in the Racing Mentor Sponsorship group on Facebook, Follow Racing Mentor on Twitter, Instagram, Facebook, and YouTube, Subscribe to the newsletter for updates, opportunities, and advice, Find the Sponsorship Podcast on Apple Podcasts and Spotify, Sponsorship pitching (webinar tutorial bundle), Get Paid to Race: Six Weeks to Success (online version), The Ultimate Guide to Motorsport PR (course). Include a quick reference of what that audience corresponds to in your proposal to be transparent with sponsors on how you got the information. Draw your signature, type it, upload its image, or use your mobile device as a signature pad. Auto Sponsorship Proposal moorespeed.com Details File Format PDF Size: 298 KB Download 3. . And the best person is always the decision maker: the person who has an interest in what you have to say and the authority to make things happen. Unfortunately, retaining sponsorship in the long term may not always be under your control. A good marketing/sponsorship proposal includes: 1. Enhance their brand's image? And, as always here at Race Directors HQ, we start from ground zero Let's start with what sponsorship isn't. Group outing packages can be set up for larger groups from your business or organization. w$ 4iw*\xKLZwI[}K|=Q|>W`! "The Forms Professionals Trust . Once youve established a bit of a rapport (2-4 messages), dont be afraid to link what you do to whats being discussed. Do research about the company. %PDF-1.4 % It is not a donation nor is it a "favor". 01. The kind a marketing agency might present to a client they want to get on board. Collect this information together when it comes to talking about renewal. No matter what you do, try and bring consistency into all elements of this process. Want to sit next to thousands of screaming fans? . Approach the deal as a win-win for both sides. 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? If your sponsor just agrees to all the terms in your proposal, including price, there's nothing more to do than send them a sponsorship letter or agreement for them to sign (always document the terms of your final agreement to avoid misunderstandings and awkward conversations down the line). Make sure youre emailing (or messaging) the decision-maker directly rather than using a generic email address. How do I find companies to sponsor my race car? Go in with no agenda, otherwise, itll come across as disingenuous. Increase sales? Expect to promise a specific number of race appearances, shows, online presence, blog posts, etc. 4. Our very own Frank Galusha sits down with accomplished sprint car racer, McKenna Haase, as she explains best practices for sponsorship marketing presentation. Figure out what you can offer to a potential sponsor. 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. Race Directors Hub. 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. About Blog Sponsorship Contact Site Map If you are interested in receiving product sponsorship, please mail your resume, including your background, special accomplishments both on and off the track and your racing schedule, along with all contact information (address, phone, email address) to: K1 RaceGear Attn: Sponsor Quite often, the businesses you see sponsoring club racing cars are the drivers own personal business, job, parent, or friend. Click on the fillable fields and add the required data. The design proposal sponsorship is easy edit in InDesign. There are plenty of people (often very young) who show up with that intent. It is a sales document designed to persuade and convince that prospective sponsor why they should invest in their event, initiative, fundraiser, or program. This is because every racing team has its own sponsor and that sponsors logo and name are mentioned on everything from the drivers racing kit to cars to the staff uniform, etc. Create a clear list of features and benefits that you can pick and choose from. 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. 0000000902 00000 n If you did, then it should be pretty easy to get them to renew but if you dont think youre doing what you promised, this needs to be addressed early on. Getting sponsorship in motorsport requires dedication but a lot of drivers are still doing the same things that once worked and now dont. <<5EC83BD88C05E142B8DC1C06ED146CA3>]/Prev 813923>> The cover letter, in this context, includes your introduction, the purpose of the sponsorship proposal, the nature or type of the event (for which sponsorship is required), etc. Organize the proposal in sections. Automotive Sponsorship Proposal Details File Format MS Word Apple Pages Google Docs Download 2. Time and time again on this blog I repeat the famous quote: The best way to make a small fortune in racing is to start with a big one. There just arent many any ways to compete in this hobby and make money while doing so. The Complete Guide to Motorsport Sponsorship. Gridlife Events are doing a fantastic job with live video and media, but its still minor in the grand scheme of a network televised event. The prototype race car is to be evaluated for its potential . Use your market research data to request a feasible amount. Generic sponsorship proposals have little chance of convincing would-be benefactors. Are you looking at club racing as a stepping stone to Going Pro? It is obvious that every sponsorship is made with the viewpoint of getting benefits in return. Do not plead. Always be thinking of ways to reach new people. There are loads of free sales pitch templates out there and these will help you get the look and feel of your proposal right. Download. The term influencer is relatively new, but the concept has been around for advertisers for a long time. One of the biggest mistakes drivers make is getting too lost in their own heads. Go more into depth with your research to get a sense of their specific goals. vve Check out our insightfully designed Sprint Car Racing Event Sponsorship Proposal that details the Companys events, drivers profiles, and sponsorship levels. Harvick has spent 23 seasons in the NASCAR Cup Series. Don't feel like you need to include a shiny proposal document in the first instance. 0000054541 00000 n Similarly, a racing sponsorship proposal is a document that a racing team presents to some individual or a business to get sponsorship from them. Sell yourself, but do not offer things you cannot deliver, such as offering to feature the sponsor's logo exclusively if you are reaching out to other potential sponsors. Think about the problem you will help solve and the goals youll help reach. Treat the race car sponsorship proposal as a business transaction. Think of it more like a sales deck. 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. %&'()*46789:CDEFGHIJVWXYZcdefghijsuvwxyz ? Make your direct pitch. 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. But avoid: Well done on getting to your first sponsor meeting! But I wouldnt rely on these to fund your racing career, there are better ways to find sponsorship. 0000051603 00000 n In short, have a solid plan (a sponsorship proposal) for how you will BOTH benefit from any sort of partnership. Well also cover the steps needed to secure long-lasting motorsport sponsorship including: All the links in the further resources sections are for free content from the podcast, blog, and YouTube channel. Therefore, it is perfect that you simply find contacts with the product, communication, business improvement, sponsorships, marketing, and the model. How to get more Instagram followers as a racing driver, Flow-state thinking: The secret to shaving off seconds. The car sponsorship proposal template is a sponsorship proposal that you write when you need to buy a car for either racing, among many more duties. But remember, a great proposal is about so much more than an attractive design. You do not need to include every cost. You should advise this on the basis of the information you collected and the potential target audience for the sponsor that helps them to get an expected return on investment (ROI). This way both the parties enter into a sponsorship contract or sponsorship agreement. 0000001257 00000 n 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. Start by making a list of the businesses youd love to work with. Explain up front that you are seeking sponsorship for your racing team and that the organization will find the proposal attached. Many sponsorships you see are for partial services, like a shop giving discounted alignments for sponsored cars or free tire mounting and balancing. Part 2, The 17 BIGGEST mistakes you can make with your brakes on (And off) track, Also something conspicuously absent from club racing, Click HERE To see more posts by No Money Motorsports, How to go RACING 4 Popular paths to earning a competition racing license. Weve also included page references for the Get Paid to Race book (currently only available as an ebook). Are you going to help that business make more sales? endstream endobj 73 0 obj <>stream uC%q.Nbd VMdkydek/ ZU>~r5pf Do not plead. Our team becomes an extension of the marketing department of our sponsoring corporations or . In fact, all the hard work of renewing a sponsorship deal is done during the race season when youre carrying out your work. Here's the real key: This marketing deck isn't about you, it's about them. Some features will have numerous benefits. Many people think sponsorship is easy: Sponsorships are not charity. 6 0 obj Paramount Primary. Racing Sponsors. Ht1_%`1;d`*FpS\@KOr)r+Z{]?>~)7rw):,QuH1>^qnrTb_2|=7}F>bb)E]Oa6;Sy#A'1SN1Ra1a;IKh,e4fr, 6d$arf6*m^ev`VN(rNs1q*c.7!=, :Wv 4ii>t Z3:4x-%XfE$P:5boC )zM6T& *dP>6y|~{oQB91vYmWfG=}E},v%=]Z!P[7m=X\zucFH!F GVZp[.`d.A2jy`!ba3wz8oIXe~mT#eVj_;78*/0yVA:Wk&9/I>SX-^AhhV/"E)?=w WP Sponsorship is much more than whether or not your car is a good platform to showcase their parts. You have to convince a potential sponsor that YOU are the person who will work for them. You might be messaging lifestyle brands on Instagram. Take notes. Pearson Racing members utilizing wearing apparel with your corporate name/logo and the exposure you will receive in front of thousands of race fans. Look for brands that are actively trying to promote themselves and look at how you can add to that. In return, the business organization gets the necessary advertisement and promotion which increases its brand awareness and reach. 68 0 obj <> endobj Consistency is all about keeping going. But blowing it at this stage for lack of attention to your sponsor's needs would be the real waste of time. Your personal brand should show who you are as a person and go beyond your racing. These are great places to start. Agree 10.48% % Helping race directors share expertise and learn from each other is a big part of what we do. You need to know this to be able to create a compelling case for why a business should sponsor you. 2011 team racing sponsorship proposal our desire. 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. In cases where you've researched the sponsor yourself, identifying who that decision maker may be will not always be easy, but there's a few clues on where to look: In any case, do your research well (on the company website, LinkedIn or by searching Google for names on past company press releases etc), because once you reach out to someone, you are pretty much committed to talking to them unless they themselves point you to someone else. Think about those reasons you stand out. Road Racing in the United States has several tiers. Select the submit format and acquire the legal papers template in your product. This is a business relationship and there must be a clear concise understanding of expectations, timelines and returns. Get involved in relevant discussions around motorsport and your niche. But these features dont work alone. A section about the car your drive. These details usually include your name and contact details and the name and contact details of the potential sponsor. Dont feel like you need to include a shiny proposal document in the first instance. This is where your niche makes things easier. Racing cars is a very expensive pastime. 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. 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. Agree 16.59%. Racing Sponsorships. Organize the proposal in sections. ezQ7sg>b{a%YfQLQWHOq!>M=k/j d54mdfeW7AFRUz:rMa*/oL9 w4P5 ys"[Su)r}f$srq Thanks, Hopeless Tuner. 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. For one: Hawk performance brake pads has given me a TON of support through their Hawkbucks. Focus on the businesss goals rather than your life story. Its so much easier to close a sale with someone youve already built a rapport with. 68 11 This is by far the most useful and engaging type of proposal and the kind the template will help you create.
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