5 0 obj Her work has appeared in the "Princeton (N.J.) Packet," "Destinations" magazine and in higher education publications. This provides a thorough overview but does not overshadow the point of the sponsorship proposal: to get funding. 2011 team racing sponsorship proposal our desire. This tool allows to fill out any PDF or Word document directly from your browser (no software . Keep that in mind when frustration sets in along the way. Sponsorship brings so much more than a logo on a car . In your racing sponsorship proposal sample, you can also suggest and communicate suitable marketing tactics and strategies to the potential sponsor. 0000055057 00000 n I could not find the sports car of my dreams anywhere. The sponsorship package underpins the agreement fire your organization and your sponsor. Write down all important facts, such as the biographies of the racers and the team's success rate. 03. The cover page should include the details of the potential client and your details. If anything, it means the opposite. Do people regularly gravitate towards you for some reason or other? She also has edited and produced online content for those publications. 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 Racing Team Sponsorship Proposal Form sbusolarracing.com Details File Format PDF Size: 915 KB Download 4. A motorsport proposal template wont be for everyone. Look for opportunities to get introductions from others, show your value, and build your connections in a meaningful way. Sponsor marketing objectives change and the tools sponsors use to deliver them, including your sponsorship, may rise and fall in relevance. Gather the history of your racing career or racing team. The same goes for most forms of Motorsports, whether its Drag Racing, Oval Track, Autocross, etc. Sponsorship fee For the term of this Agreement, the Sponsor shall pay the Racing Team a sponsorship fee of ($ amount), payable in full by (date) or in installments. Mindset Performance Coach Craig Muirhead looks at the advantages of flow-state thinking for drivers and riders. 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. It's now time to decide whom to approach and how to get them interested in sponsoring your race. 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. Even at the pro level, the work, luck, and talent required to make a career is astronomical. Every survey ever conducted of race directors points to finding and securing race sponsors as their #1 headache. Pravega is the Sanskrit word for High Speed. A business or group sponsors a racer, providing monetary support. 0000000516 00000 n Use your market research data to request a feasible amount. 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. Want to sit next to thousands of screaming fans? Is your audience someone who will actually buy their product? No Money Motorsports, Top 15 First Track Day FAQs All you need to know in order to get yourself driving on a race track. Single sponsor entire race car and enclosed trailer: $5500 * Indicates primary sponsorship. Unfortunately, retaining sponsorship in the long term may not always be under your control. When you first sign a sponsor, make sure to set some goals for the year in terms of how youre promoting them. Why is it better than everyone else's? Include contact information on the introductory letter and proposal. The easiest way to get motorsport sponsorship is to build a network. 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. Sponsorship Proposal. Were out here racing for not much more than a few bucks in contingency prizes and a cool plastic trophy. Explain the expenses you incur as a race car driver in the second section. Make your direct pitch. 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. So go the extra mile. Faith Motorsports takes great pride in making sure each sponsor's expectations are greatly exceeded. . Sign it in a few clicks. Since racing takes such a personal investment it means everyone at the club level are willing to make great personal sacrifices to be there Were all committed. And you're not alone. Im not saying that lucrative club racing sponsorships are unheard of, but if you ask the random driver with a business name on their car, they typically arent taking a huge check to have the name on their car. 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. Without sponsors to impress or big prize money to win, were racing simply for the fun of it. 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. Itll be the basis for everything you post on social media, how you write race reports, and more. You have to convince a potential sponsor that YOU are the person who will work for them. Answering that question well will allow you to: Usually, in order to answer this question, it helps to conduct some kind of audit of your sponsorship assets. It has to be filled-out and signed, which is possible manually, or with a particular solution like PDFfiller. Our team becomes an extension of the marketing department of our sponsoring corporations or . :Us&4h[W)0PrysM~;Dy,GLZpb>fJ#u\:rV.BPsGG2 &11f'QO)KA4WO6ORej[d\KxgsugUucdM* C6bOG'+$(}>g$7fcT-?%tLRO7&J|t4hQ+h;M>>+/~ 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. Racing Sponsorships. How do I find companies to sponsor my race car? We actually prefer the former as it is more visual and helps you think harder about keeping the content concise, but in the end it doesn't really matter which one you go with. How invested will they be in the sponsorship's success. The one form of sponsorship which is open and attainable to all racers is Contingency Sponsorship I spoke about this in a previous blog post, HERE. This is the part that actually attracts your potential sponsor. Having Pearson Racing as spokespeople for your corporation and products/services. Be sure to target each proposal to the specific potential sponsor. 1. If you check out Crapcan, Club, and even Entry-Pro there generally arent anyone in the stands that arent family, friends, or crew. Explain up front that you are seeking sponsorship for your racing team and that the organization will find the proposal attached. There is still intense competition, egos, and red mist, But its nothing like racing where your seasons funding and career is on the line. Do people regularly gravitate towards you for some reason or other? January 6, 2022. The kind a marketing agency might present to a client they want to get on board. The racing sponsorship proposal samples given on this page will help you in creating an effective racing sponsorship proposal. 0000054763 00000 n The more relationships you can build in your chosen niche, the more people youll have to approach for sponsorship or introductions. First, provide a history of you and your racing team. Ask instead "What can I throw into the sponsorship proposal that would make the price worth paying?" Research the sponsor you are targeting. Try and see the positive in every situation. In short, have a solid plan (a sponsorship proposal) for how you will BOTH benefit from any sort of partnership. The best way to learn about racing sponsorship is to read as much as you can about the subject. Many people think sponsorship is easy: Sponsorships are not charity. Read on for a step-by-step guide to getting sponsored. You have to sponsor me because my car always gets 100 likes on social media. Because if a sponsor actively invites sponsorship requests you can be sure that: Luckily for you, we've put together the largest database of current direct-application sponsorship opportunities, featuring dozens of potential sponsors from all different kinds of industries. Our series (Star Mazda or FF2000 Championship) usually serves as a support race Advertisement Envato Elements (Design Without Limits) Want to race with packed stands and screaming fans? To do this create content that gets people asking questions, create challenges that get people working towards a goal, or host events that gather your community in one place. 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 special story? Then, when it comes time to talk about renewal, youll have clear evidence of how youve helped them hit goals and milestones. You need to show up to a potential sponsor with a persuasive, well thought out plan. Your sponsors would base their decision on how you're going to help them in exchange for their support. This proposal contains proprietary and confidential information of EVSR and Entropy Racing . Sponsorship is a commercial arrangement, meaning both parties are in it for some form of commercial gain - direct on indirect. It is not a donation nor is it a "favor". Bring your own food to Track Days Save money while eating better. Sponsorships are not charity. %%EOF i !16QRs"ASTaq2B#$345CDbrt Follow these simple guidelines to get Racing Sponsorship Letter ready for sending: Choose the document you require in our library of legal forms. But I wouldnt rely on these to fund your racing career, there are better ways to find sponsorship. The race car sponsorship template is a writable document needed to be submitted to the relevant address in order to provide certain info. 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. Thank the letter reader for his or her time and include all of your contact information. Focus on the businesss goals rather than your life story. Are you going to help that business make more sales? Valvoline has been there for as long as people have been racing cars. Many more also emulate a classic livery because it looks really cool, without any form of compensation. 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. As a racing driver you are focused, talented and ambitious in something you love to do . This is a business relationship and there must be a clear concise understanding of expectations, timelines and returns. Your true request is that you are asking to be part of the sponsor's sales team. Expect to promise a specific number of race appearances, shows, online presence, blog posts, etc. 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. You really need to know how you can sell a partnership to a business, and that means understanding the basics of business and sales. We work together, help each-other out, and do all we can to make sure well have a great race. You dont show up to a job interview in flip flops with photos to show on your phone to showcase. Yes, the sponsor may recommend a few of their own ideas or recommend you nix certain belongings or activations. 3. 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. Where can I find sponsorship opportunities? 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. If you'd like to see examples of the pages in the Racing Mentor sponsorship proposal template, take a look . Youll get rejections, and youll hit bumps in the road but if you put in the time, the successes will come. @JP)^~")x&d=AALKTbh;}R3qbf>T;T9+x~_e]p5| .FH+&. ]Ak#5MI/:qY'OTf{yU -OFyb8 h `'( (Z}+@% zAeZ7 Lo 00g` C pfY[ ]^D Do you have a special story? Proposal for auto racing sponsorship by moorespeed race engineering 2131 theo drive austin texas, 78723 512.474.7223 www.moorespeed.com. Sure theres potential for tax write-offs and creative accounting, but dont bank on any of that. Essentially, Contingency Sponsors have already agreed to support a racing series. When writing your sponsorship proposal, you have to tell your sponsor what kind of event you are planning. The concept behind FORMULA SAE: A fictional manufacturing company has contracted a student design team to develop a. small Formula-style race car. How to write a press release for your racing, Podcast 044: How to Write a Press Release, Podcast 028: How to Write Engaging Email Newsletters, Podcast 008: How to Use Instagram for Maximum Engagement, Podcast 007: Why Drivers Should Focus on PR, Video How to get press coverage using Twitter. 0000001257 00000 n Since road racing doesnt have a huge fanbase or mainstream media following, you need to show how you will do the legwork and get the sponsors name/product in front of possible customers. If you stand out and can provide value, its going to be so much easier to get sponsorship for motorsport. Building relationships is an often-overlooked part of the sponsorship process because so many drivers are eager to move things along too quickly. Assess whether what you can offer will help them reach their goals in a broad sense. 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. It must be fairly obvious from everything we've discussed so far that retaining a sponsor is a lot easier than gaining one. Make a list of every racing expense you incurred over the past season and tally the entries. Think of it more like a sales deck. The hard work comes into sitting down and going through these steps. Everyone from the outside thinks that everyone racing cars has sponsors. From NASCAR, to Club Racing, to go-karting. Sponsorship can come in a number of flavors, depending on the form of contributions the sponsor makes to the race. Group outing packages can be set up for larger groups from your business or organization. Dont just assume that because youre posting nice pictures and updates, your audience will be interested. 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. 0000002058 00000 n Paying fans bring attention for sponsors and even prize money (Also something conspicuously absent from club racing). endobj 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. 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. For one: Hawk performance brake pads has given me a TON of support through their Hawkbucks. 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. Are you looking at club racing as a stepping stone to Going Pro? But there are two big things that help you find success. Social media is king. Dont expect to be sponsored for long. However, when you intend to write a racing sponsorship proposal from scratch, you must know about its basic elements which are explained below. Getting a response from your sponsor on your proposal is amazing news. Download. When you need Racing Sponsorship Agreement, don't accept anything less than the USlegal brand. 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! Do not plead. Racers will put out an all-call on their social media pages and ask for small amounts at a time. 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. So I built it myself-Ferdinand Porsche. This kind of branding will make you more recognisable. Drag racing is a sport that needs a lot of money to support it. Through my time running Time Trial and Racing contingency prizes have long way to cutting my running costs. 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. It does not mean that it must include false claims or misleading information. You might be operating in a specific niche (see below for more details) or area. Step 3: Give a detailed overview of the audience, markets and overall media reach of the event. Make sure to stay in touch with your sponsor throughout the season, even when youre not actively working on something for them. Since you are racing for the fun and bragging rights, you arent usually considering wrecking competitors to get by. Update your sponsor with reports on the work youve been doing for them. Redline360. Most reputable sponsors want to see a return on their investment, so it is of paramount importance to write a detailed race car sponsorship proposal. This will be key in making sure theyre happy throughout the year. This will re-iterate facts about the event benefits, and features. Fast shipping, quality parts. $ 15K . You may even supply sponsors an opportunity to place their name and logo in your racing uniform or helmet. Simply putting a name out doesnt always mean it will come back as added revenue for a company. Racing Sponsorship Proposal Template Download this Racing Sponsorship Proposal Template Design in Word, Google Docs, Apple Pages Format. The target marketing group for the race car is the non-professional weekend autocross racer. 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. Everyone from the outside thinks that everyone racing cars has sponsors. Neither Agree Nor Disagree 2.18%. 2. If youd like to see examples of the pages in the Racing Mentor sponsorship proposal template, take a look here. Lastly, our auto motor race PPT helps to receive coverage in event related media, like race programs, websites, TV broadcasts, etc. Click the link below to read more. Use a phone line that you are primarily responsible for answering, such as your cell phone, so calls are not missed. One of the first things a prospective sponsor will do is check out your social media accounts. To be clear; for every dollar they give you, they want(need?) Such a proposal must include the following basic elements: The cover page of your sponsorship proposal must be prepared and presented in the most professional and elegant way possible. Write down every possible attribute you can give to a sponsor. Match those goals with what you can offer. *} Head Start is our industry podcast, delivering in-depth content on anything cool happening in the Ask the sponsor for a specific amount of money. Tallulah Philange has worked as a journalist since 2003. This is how you present yourself as a racing driver and show your value to potential sponsors. Present the benefits you offer clearly and simply. What makes you different from any other person? % Getting sponsorship in motorsport requires dedication but a lot of drivers are still doing the same things that once worked and now dont. There might be an opportunity in doing something with your local car dealer, an opportunity in the influence you have with your audience, or an opportunity in getting a brand in front of one of your existing partners. 0000000016 00000 n Blanket emailing everyone in your local area wont work, so you need to put a little time into researching relevant businesses.
Aerosmith Concerts In Pittsburgh, Haiku Stairs Mystery Man In The Background, Armando Barron Jaffrey, Nh, Boomarita Outback Flavors, Josh Elliott Obituary, Articles R