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In those cases, sponsors will publishinstructions for rights holders, telling you everything you need to know to submit your sponsorship proposal to them, including: These direct-application sponsorship requests, where you can submit your sponsorship proposal online directly through the sponsor's own sponsorship request form, are you best bet for securing sponsorship. Sure theres potential for tax write-offs and creative accounting, but dont bank on any of that. Consider what will be most impressive to the types of sponsors you want to target. Racing Team Sponsorship Proposal verrazanobikes.com Details File Format PDF Size: 31 KB Download 3. When filling out this sponsorship proposal template, remember you are introducing yourself, what you "bring to the table," and explain why the product (s) or service (s) of your target audience should be associated with your event. Sponsorship proposal for Alfie Gendall Racing in 2021. Dont just approach motorsport press for coverage. 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 Racing Sponsorship Proposal Template Download this Racing Sponsorship Proposal Template Design in Word, Google Docs, Apple Pages Format. 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. 0000000839 00000 n Racing Sponsorships. But with good content and a consistent posting strategy, you can grow your following and increase your reach. But avoid: Well done on getting to your first sponsor meeting! Open the template in our online editing tool. xref Businesses who sponsor drivers will pay money or provide free (or more likely. Posted on January 12, 2023 by admin. Think about those reasons you stand out. This way both the parties enter into a sponsorship contract or sponsorship agreement. Racing is one of the most expensive sports yet the most beneficial to take part in for both athletes and businessmen. Do you have a very popular online presence? Single sponsor entire race car and enclosed trailer: $5500 * Indicates primary sponsorship. The sponsor's eager and you know exactly what they're after. Faith Motorsports takes great pride in making sure each sponsor's expectations are greatly exceeded. It has to be filled-out and signed, which is possible manually, or with a particular solution like PDFfiller. It is your job as rights holder to understand what these objectives are and how you can best serve them. We believe auto racing sponsorship can offer a significant foundation from How it REALLY works, what it really is, and how to get it. To be clear; for every dollar they give you, they want(need?) The same goes for most forms of Motorsports, whether its Drag Racing, Oval Track, Autocross, etc. No Money Motorsports, Top 15 First Track Day FAQs All you need to know in order to get yourself driving on a race track. 0000000016 00000 n Do you have a very popular online presence? Becoming a NASCAR team sponsor is a big step for any company, regardless of size or budget. evsr.net Details File Format PDF Download Sample Sponsorship Proposal westportracing.com Details File Format PDF Download Sports Sponsorship Proposal Do not plead. endobj Limit the photos to no more than one or two per page for the best aesthetic. 0000055057 00000 n 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. There is still intense competition, egos, and red mist, But its nothing like racing where your seasons funding and career is on the line. Basic Elements, Online Racing Sponsorship Proposal Templates, National Racing Event Sponsorship Proposal Template, Bike Racing Sponsorship Proposal PDF Template, Racing Team Sponsorship Proposal Template, High School Racing Sponsorship Proposal Printable, Racing Club Sponsorship Proposal Template, Proper Racing Sponsorship Proposal Template, Conditions of cancellation, withdrawal, or suspension of sponsorship. Not all benefits will be relevant to every business. A picture of you in your race suit. Following Up Your Sponsorship Proposal; Motorsport Sponsorship Guide Finding sponsors and making it to a racing grid year on year, or for the first time, can be a very daunting prospect and is more important than simply offering logos on your livery design. In fact, all the hard work of renewing a sponsorship deal is done during the race season when youre carrying out your work. Are you going to help that business make more sales? Dont let imposter syndrome get the best of you. There are sponsorship opportunities wherever you turn but you need to think outside the box. Building relationships is an often-overlooked part of the sponsorship process because so many drivers are eager to move things along too quickly. I believe that sponsorship of race teams is important and necessary to the continuation of the sport. The prototype race car is to be evaluated for its potential . In the same way, youd be working hard on the track and looking for consistency from lap to lap, this applies to your approach to sponsorship for motorsport too. How are you going to justify the cost of what youre offering? 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. We are currently pursing sponsorship for the upcoming race season, and we can create a package to suit your. putting on races, come join our race directors Facebook group, You might be getting involved in discussions on LinkedIn. After all, they're after your event as much as you're after their sponsorship! Since you are racing for the fun and bragging rights, you arent usually considering wrecking competitors to get by. In short, have a solid plan (a sponsorship proposal) for how you will BOTH benefit from any sort of partnership. 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. What makes you stand out over other racing drivers. Fast Feb is back but its looking a little different for 2023! Be sure to target each proposal to the specific potential sponsor. Description: Thank you for your interest in sponsorship from Summit Racing Equipment. I think motorsports has become too commercial and that sponsorship interferes with good racing. 2. Another element of finding and securing sponsors is building a strong network. E@!Euq[dIV%ehJQ5$ Sponsor marketing objectives change and the tools sponsors use to deliver them, including your sponsorship, may rise and fall in relevance. You still need to be able to eloquently put your case across in writing. But there are two big things that help you find success. Think about those reasons you stand out. The relevant terms and conditions of the sponsorship must be included in your racing sponsorship proposal. 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. The racing sponsorship proposal samples given on this page will help you in creating an effective racing sponsorship proposal. Your proposal must show depth and that you took the time to understand each sponsor. The cover page should include the details of the potential client and your details. If you let racing get too close to Work all the fun goes away. If you can't use either of these for whatever reason, the next best thing would be to use Facebook's Audience Insights tool. In return, the business organization gets the necessary advertisement and promotion which increases its brand awareness and reach. January 6, 2022. 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. Whatever your niche is, theres probably a story behind it and this is something you need to start pushing in the press. Once you lay out the structure of your sponsorship delivery project, set up email update alerts to remind you to regularly communicate progress to sponsors. 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. Download. Get involved in relevant discussions around motorsport and your niche. If you already have a good handle on the different pages/slides youll include and just need help on the design, then a free template will help you get a professional feel without needing to hire a designer. Paying fans bring attention for sponsors and even prize money (Also something conspicuously absent from club racing). 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. race car sponsorship agreement template Free Racing Sponsorship Proposal Example-Flip eBook Pages 20 - 202 Interest in actual property, sale of products over $500, lease longer than a yr. You need to know this to be able to create a compelling case for why a business should sponsor you. Once you understand how the sponsorship process works, you can set out to getting racing sponsors on your own. Enhance their brand's image? Then theres Entry-Pro like Pirelli World Challenge and Indycar sponsored Support Races (Global MX-5) in the middle, and Pro IMSA/Weathertech racing at the top. F1 and NASCAR have lucrative TV deals and sell out stadium seating with exorbitant ticket prices club racing may have incredibly competitive (and more pure, IMO) racing, but even with free admission there are never more than a few people in the stands (Who are almost always drivers in other classes, crew, or people directly related to drivers). When he would ask them what their plan was to earn him enough business to offset his costs, they were often dumbfounded or would reply, frustrated, that theyll obviously display his stickers! This is why: Keeping that in mind, if it comes down to a price negotiation, your first instinct should be to try to increase sponsorship than dropping your sponsorship price. Have a question? A good marketing/sponsorship proposal includes: 1. Time and time again on this blog I repeat the famous quote: The best way to make a small fortune in racing is to start with a big one. There just arent many any ways to compete in this hobby and make money while doing so. This proposal contains proprietary and confidential information of EVSR and Entropy Racing . Unfortunately, retaining sponsorship in the long term may not always be under your control. Essentially, Contingency Sponsors have already agreed to support a racing series. Nationally Televised racing is just that. Check out our insightfully designed Sprint Car Racing Event Sponsorship Proposal that details the Companys events, drivers profiles, and sponsorship levels. :Us&4h[W)0PrysM~;Dy,GLZpb>fJ#u\:rV.BPsGG2 &11f'QO)KA4WO6ORej[d\KxgsugUucdM* C6bOG'+$(}>g$7fcT-?%tLRO7&J|t4hQ+h;M>>+/~ If you stand out and can provide value, its going to be so much easier to get sponsorship for motorsport. Similarly, a racing sponsorship proposal is a document that a racing team presents to some individual or a business to get sponsorship from them. Feel free to drop Racing Mentor a message on social media if you have any questions. 2. Easily Editable, Printable, Downloadable. Are your posts in line with the companys current message? In return, the racer gives the organization publicity and extras, such as personal appearances. Here's the real key: This marketing deck isn't about you, it's about them. Be sure to include a call-to-action so the decision-maker knows what you want them to . It's time to submit your sponsorship proposal. Its so much easier to close a sale with someone youve already built a rapport with. Weve also included page references for the Get Paid to Race book (currently only available as an ebook). 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. Figure out what you can offer to a potential sponsor. Getting a response from your sponsor on your proposal is amazing news. Once you get the sponsorship agreement wrapped up, the real work has only begun. Social media is king. A business or group sponsors a racer, providing monetary support. You also may be able to offer experiences, such as hosting the company at the race track. You might be messaging lifestyle brands on Instagram. If you regularly finish well in races, contingency sponsorship may go a long way to offsetting your costs but the vast majority of your budget will be coming from your own pocket. Write down every possible attribute you can give to a sponsor. Specify the Event. By getting your name into the press, your message is spread further than your existing audience. Sponsorship Benefits A&S Racing offers an exciting opportunity in motorsports sponsorship at a mere fraction of the cost of sponsorship in the major pro racing series like NASCAR, Champ Car or the IRL. There are often so many reasons you shouldnt push forward with your sponsorship goals and its so much harder to keep going than it is to quit. You dont necessarily have to build a huge audience for sponsors to want to work with you but youll need some kind of presence that showcases who you are. 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. Ask the sponsor for a specific amount of money. This figure represents what a sponsor would cover in an ideal situation, although you will likely need more than one sponsorship to cover the total. This sponsorship proposal also highlights information about driver profiles and the schedule calendar of drag car racing events. Buy tickets for a NASCAR or F1 race. Were out here racing for not much more than a few bucks in contingency prizes and a cool plastic trophy. I could not find the sports car of my dreams anywhere. s !1A"3Qa5RSTrt#$2BqUb 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. Make your direct pitch. But I wouldnt rely on these to fund your racing career, there are better ways to find sponsorship. A fictional manufacturing company has contracted a student design team to develop a small Formula-style race car. The cover letter should also include the reasons why you think this sponsorship will work. . The Electric Vehicle Sports Racer (EVSR) is an innovative new fully electric race car designed, created, and campaigned by the team at Entropy Racing with the goal of creating a full series of . Head Start is our industry podcast, delivering in-depth content on anything cool happening in the