Why you do it. Agree 10.48% Sponsorships - Summit Racing Equipment The hard work comes into sitting down and going through these steps. Paramount Primary. It is obvious that every sponsorship is made with the viewpoint of getting benefits in return. 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. Write down every possible attribute you can give to a sponsor. It does not mean that it must include false claims or misleading information. 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. but you surely wont be walking away with a heavier wallet. Since you are racing for the fun and bragging rights, you arent usually considering wrecking competitors to get by. Read on for a step-by-step guide to getting sponsored. With all this information, it should be easy to write a pitch that really speaks to the business and its goals. Unfortunately, retaining sponsorship in the long term may not always be under your control. Do you have a very popular online presence? Think of it more like a sales deck. Feel free to email jess@racingmentor.com. The prototype race car is to be evaluated for its potential . Sponsorships help defray these costs. The marquee value of your corporation's name affiliated with the Pearson Racing. Race Car Sponsorship Proposal Template - Drinkrawrepublic.com L@Pk98ky lhhV^r=\qnx1ts[Cs7{X9ZOMz a5DILWZ!G*p *U;g&gze*^Mg R(U(r krdWRLn{Fu? What is the sponsor trying to get out of a potential sponsorship of your event? Generic sponsorship proposals have little chance of convincing would-be benefactors. The design proposal sponsorship is easy edit in InDesign. This tool allows to fill out any PDF or Word document directly from your browser (no software . The racing team approaches a mid to high scale business organization asking them for sponsorship. There are sponsorship opportunities wherever you turn but you need to think outside the box. Fast Feb is back but its looking a little different for 2023! One of the first things a prospective sponsor will do is check out your social media accounts. PDF Proposal for Auto Racing Sponsorship - MOORESPEED 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. Instead, provide a general overview, such as "Parts alone last year cost $X.". Redline360. If you are savvy enough to get some sponsor support, and successful enough to earn contingency sponsor prizes, you may be able to cut a significant chunk of your seasons budget. Sponsorship fee For the term of this Agreement, the Sponsor shall pay the Racing Team a sponsorship fee of ($ amount), payable in full by (date) or in installments. How to Write a Sponsorship Proposal (Motorsports) - YouTube Download. I believe that sponsorship of race teams is important and necessary to the continuation of the sport. 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. You now have to deliver on your sponsor's expectations and, if possible, exceed them. This can include hospitality, stickers on a car, events etc. Do you need a motorsport proposal template? Racing Mentor 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. People love to talk about themselves so ask questions and chat about them. . Of course, there are bonus points if you can build a loyal, engaged audience but they are other ways to secure sponsors too. Many sponsorships you see are for partial services, like a shop giving discounted alignments for sponsored cars or free tire mounting and balancing. Your almost there! 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. Share your form with others. Every survey ever conducted of race directors points to finding and securing race sponsors as their #1 headache. Create a two-way relationship with your audience. Everyone from the outside thinks that everyone racing cars has sponsors. We would like to pick up sponsors for our US Legends race car. The organization aims to organize events such as auto motor racing, harness racing, slots . Pravega is the Sanskrit word for High Speed. Race Car Sponsorship Agreement - DocsLib Free Sponsorship Proposal Template - Get 2022 Sample - PandaDoc Free Racing Sponsorship Proposal Example - Flip eBook Pages 1-12 | AnyFlip AGR Racing Sponsorship Proposal 2021 by AGR_Racing - Issuu Racers and sanctioning bodies are using new ways to find sponsorship dollars in 2020. You need to show up to a potential sponsor with a persuasive, well thought out plan. 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? How will the person opposite you stand to gain from the sponsorship? 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. However you decide to build relationships with decision-makers, the goal is to warm them up to your pitch because a warm lead is so much easier to land! There are generally two schools of thought in approaching sponsors: In our opinion, you should be doing the former. Motorsports Sponsorship Proposal Template - Get Free Templates advertising would be on a very exclusive race-car, seen at Western Springs, Huntly Speedway, Stratford Speedway and other New Zealand Speedway tracks, car shows, promotional events and community appearances. Race Car Sponsorship Proposal Template - Chickensinvancouver.com race car sponsorship template Doc Template | pdfFiller Podcast 041: How to Use Email Sponsorship Templates, Podcast 022: How to Close a Sponsorship Deal, Podcast 018: How to Handle Objections in the Pitch Process, Podcast 014: Sales Tips for Racing Drivers. Include contact information on the introductory letter and proposal. 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. The kind a marketing agency might present to a client they want to get on board. %PDF-1.3 So I built it myself-Ferdinand Porsche. First, provide a history of you and your racing team. Making sure the right type of information is included though does matter. We believe auto racing sponsorship can offer a significant foundation from 0000001257 00000 n 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 But avoid: Well done on getting to your first sponsor meeting! Weve also included page references for the Get Paid to Race book (currently only available as an ebook). Agree 16.59%. Sponsorship Proposal - 61+ Examples, Format, Pdf | Examples Sponsorship Proposal Template | Proposify [Free Trial] Are your posts in line with the companys current message? . Do not plead. Be sure to target each proposal to the specific potential sponsor. Some features will have numerous benefits. From NASCAR, to Club Racing, to go-karting. 0000055057 00000 n The Complete Guide to Motorsport Sponsorship. Getting a renewal for a second year comes down to one small thing: Did you help your sponsor reach its goals? You have to convince a potential sponsor that YOU are the person who will work for them. For example, if youre outgoing, love fitness, and do a lot of drifting, your presence on social media is going to be very different from someone who is a property developer moving through single-seater racing. Look through the instructions to learn which data you must give. The easiest way to get motorsport sponsorship is to build a network. What makes you different from any other person? That said, it is not always clear how sponsors will evaluate a sponsorship's ROI and it is not uncommon for the same sponsorship assets (=bits you can offer to sponsors, like branding rights, direct selling opportunities etc) to be valued differently by different sponsors. Sponsorship - K1 RaceGear Sponsorship Opportunities | SponsorRacecars.com Here's what your proposal should include: A really easy way to extract demographics information for your audience it to use your website's Google Analytics data or Facebook's Page Insights for your Facebook page. Use a word processing program or design software to intersperse the digital photographs you took throughout the letter. Racing Team Sponsorship Proposal Form sbusolarracing.com Details File Format PDF Size: 915 KB Download 4. 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. 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. But with good content and a consistent posting strategy, you can grow your following and increase your reach. How do I find companies to sponsor my race car? The term influencer is relatively new, but the concept has been around for advertisers for a long time. 1. Racing Mentor offers a motorsport proposal template thats editable in Keynote and PowerPoint but its not for everyone. Go more into depth with your research to get a sense of their specific goals. Talk to mechanics, auto shops or dealerships. Text of Pravega Racing Sponsorship Proposal. 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! Our series (Star Mazda or FF2000 Championship) usually serves as a support race Free Sponsorship Proposal Template Luxury 10 Best Of Racing Sponsorship Figure out what you can offer to a potential sponsor. Do research about the company. In short, have a solid plan (a sponsorship proposal) for how you will BOTH benefit from any sort of partnership. 02. Edit your sponsorship agreement team online. From working with world-class drivers to developing a motor oil specifically for the high-revving speeds and long run times of racing engines, where there is racing, there is Valvoline. 0000054763 00000 n Sponsorship Application - CarSponsors.com 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. You might be operating in a specific niche (see below for more details) or area. A motorsport proposal template wont be for everyone. Whether its fitness, cooking, football, modern art, or something else, itll open up so many opportunities for you. She also has edited and produced online content for those publications. These can include: Ok - so you have a good understanding of what you have to offer. Make sure you only provide brief details of everything in the cover letter. If anything, it means the opposite. By getting your name into the press, your message is spread further than your existing audience. 40+ Sponsorship Letter & Sponsorship Proposal Templates 0000000839 00000 n Paying fans bring attention for sponsors and even prize money (Also something conspicuously absent from club racing). Go to download 1341x1757, Sponsorship Levels Very Sponsorship Proposal Format - Sponsorship Package Template PNG image now. yFp*BdD6Th|n:MB+FQ2H.7(`GnJU/pL@jgU:5vy:o.1'4;ciII_9'd\H CnIX+h9=veJNIG4J^ aND[PMqd4re3@YqW^>:>@=ApLiR&s[}.Fm dA (TQ~jxl2,* Without primetime TV coverage, how will people see your sponsors name/product? Argument template relies upon theory and the author's experience teaching this talent. Essentially, Contingency Sponsors have already agreed to support a racing series. Don't feel like you need to include a shiny proposal document in the first instance. Head Start is our industry podcast, delivering in-depth content on anything cool happening in the It is not a donation nor is it a "favor". Pearson Racing members utilizing wearing apparel with your corporate name/logo and the exposure you will receive in front of thousands of race fans. We've done it ourselves and know many stories of race directors struggling with it, so we get your pain. Approach the deal as a win-win for both sides. You do not need to include every cost. Explain up front that you are seeking sponsorship for your racing team and that the organization will find the proposal attached. Use a phone line that you are primarily responsible for answering, such as your cell phone, so calls are not missed. Why is it better than everyone else's? the Comrades Marathon or NYC Marathon pages, or an interest, such as "5k running", and note the demographics of people in that audience. This is how you present yourself as a racing driver and show your value to potential sponsors. If you check out Crapcan, Club, and even Entry-Pro there generally arent anyone in the stands that arent family, friends, or crew. Our team becomes an extension of the marketing department of our sponsoring corporations or . Racing Sponsorships. industry, as well as actionable expert tips to help you stay ahead of the curve. You have to convince a potential sponsor that YOU are the person who will work for them. Moreover, you will further get an idea about what a racing sponsorship proposal is and how to create one. Using these pre-formatted samples will save a lot of your time and effort. Be consistent post regularly and stay on brand. So go the extra mile. Assess whether what you can offer will help them reach their goals in a broad sense. Many more also emulate a classic livery because it looks really cool, without any form of compensation. endobj ]Ak#5MI/:qY'OTf{yU -OFyb8 h `'( (Z}+@% zAeZ7 Lo 00g` C pfY[ ]^D 01. What makes you stand out over other racing drivers. Treat the race car sponsorship proposal as a business transaction. Increase sales? Have a question? PDF A&S Racing Sponsorship Proposal Theres hard work involved but the secret is consistency, especially once youre all set up and in the swing of things. You might be sending gentle emails before pitching more formally. 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 . Racing cars is a very expensive pastime. <> Once youve found the business youd like to approach, think about what their goals are. $ 15K . Sponsor marketing objectives change and the tools sponsors use to deliver them, including your sponsorship, may rise and fall in relevance. Do you have a very popular online presence? From NASCAR, to Club Racing, to go-karting. 0000054541 00000 n 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. There are two reasons to have a sponsorship proposal, the first is position yourself as someone who can help a business. Think about those reasons you stand out. Keep your eyes peeled as you go about your day-to-day life too, you never know what businesses you might come across that could be potential racing sponsors. The Complete Guide to Motorsport Sponsorship - Racing Mentor Auto Sponsorship Proposal moorespeed.com Details File Format PDF Size: 298 KB Download 3. Once you understand how the sponsorship process works, you can set out to getting racing sponsors on your own. We are currently pursing sponsorship for the upcoming race season, and we can create a package to suit your. Here's a few tips on drafting that all-important first email or conducting your introductory call: Including an attachment showcasing some key aspects of your event is ok. 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. This is a business relationship and there must be a clear concise understanding of expectations, timelines and returns. So make it count. Although it is tempting to spend your first meeting with the sponsor pitching your event to them, try to resist the temptation and instead use the meeting to understand what the sponsor's objectives are. It is really pointless trying to go over all the possible variations of a sponsorship negotiation. by issuing press releases around their involvement with your event, making the most of sales opportunities you may offer through a race expo etc). Click HERE To see more posts by No Money Motorsports, _ Regards,_ _ Dave Peters_ _ 910-616-3799_. This is where your niche makes things easier. Enhance their brand's image? Free Preview Race Car Sponsorship Contract Template. 2011 team racing sponsorship proposal our desire. These are generally labor services vs paying cash or parts. For one: Hawk performance brake pads has given me a TON of support through their Hawkbucks. Are you looking at club racing as a stepping stone to Going Pro?