endstream endobj 69 0 obj <> endobj 70 0 obj <>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/Type/Page>> endobj 71 0 obj <> endobj 72 0 obj <>stream Have a question? Harvick has spent 23 seasons in the NASCAR Cup Series. There are plenty of great articles, podcasts, and books directly pertaining to creating a good. Racing Sponsors. 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. 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. To wildly oversimplify it: Crapcan Enduros (non-licensed) are considered the basement tier. Dont just approach motorsport press for coverage. Fast Feb is back but its looking a little different for 2023! How to Find a Sponsor as a Beginner Triathlete. 2. You might be sending gentle emails before pitching more formally. Why is it better than everyone else's? 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. 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. Buy tickets for a NASCAR or F1 race. Race Directors Hub. Even in top tier Pro racing, a huge chunk of team budgets come from drivers bringing their own money and essentially buying their seat. Collect evidence throughout the race season testimonials, statistics, etc. 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 . 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. We are a Military Team that runs in Michigan . Understand the sponsorship process first. %%EOF Do research about the company. It takes only a couple of minutes. (Sponsorship activation involves all the initiatives the sponsor would undertake to best leverage the sponsorship assets you offer, e.g. This kind of branding will make you more recognisable. 02. Announcement [Event.Name] (Event.Date) (Event.Location) Draw your signature, type it, upload its image, or use your mobile device as a signature pad. Print out the letter and mail it or hand-deliver it to the potential sponsor. 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. It's now time to decide whom to approach and how to get them interested in sponsoring your race. The cover letter should also include the reasons why you think this sponsorship will work. Include bosth posed shots around the car, so the sponsor gets to know your face, and shots of races. Your true request is that you are asking to be part of the sponsor's sales team. Trying to race while sticking to a budget? Sponsorship is much more than whether or not your car is a good platform to showcase their parts. 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. Thanks, Hopeless Tuner. This proposal contains proprietary and confidential information of EVSR and Entropy Racing . 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. A motorsport proposal template wont be for everyone. Youll get rejections, and youll hit bumps in the road but if you put in the time, the successes will come. Free Preview Race Car Sponsorship Contract Template. 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. 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). race car sponsorship agreement template Free Racing Sponsorship Proposal Example-Flip eBook Pages 20 - 202 Interest in actual property, sale of products over $500, lease longer than a yr. Click on the fillable fields and add the required data. :Us&4h[W)0PrysM~;Dy,GLZpb>fJ#u\:rV.BPsGG2 &11f'QO)KA4WO6ORej[d\KxgsugUucdM* C6bOG'+$(}>g$7fcT-?%tLRO7&J|t4hQ+h;M>>+/~ Weve also included page references for the Get Paid to Race book (currently only available as an ebook). If you dont know the difference between features and benefits are then a motorsport proposal template might help you out. Racing Team Sponsorship Proposal Form sbusolarracing.com Details File Format PDF Size: 915 KB Download 4. Its so much easier to close a sale with someone youve already built a rapport with. In return, the racer gives the organization publicity and extras, such as personal appearances. Nationally Televised racing is just that. Without primetime TV coverage, how will people see your sponsors name/product? These should not be too frequent, but frequent enough to make sure sponsors are kept up to speed with the successful delivery (or upcoming delivery) of key sponsorship initiatives. The race car sponsorship template is a writable document needed to be submitted to the relevant address in order to provide certain info. This will be key in making sure theyre happy throughout the year. Look for brands that are actively trying to promote themselves and look at how you can add to that. Instead, provide a general overview, such as "Parts alone last year cost $X.". 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. One easy - and cheap - way to do that is by giving your sponsor first dibs on next year's sponsorship and other similar benefits that don't impact price directly. The template proposal sponsorship comes in A4 and US Letter size. Download Its about being a christian role. 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 term influencer is relatively new, but the concept has been around for advertisers for a long time. Download this 100 percentage editable presentation and get access to our highly . I think motorsports has become too commercial and that sponsorship interferes with good racing. 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. Do people regularly gravitate towards you for some reason or other? Explain the expenses you incur as a race car driver in the second section. Depending on what you know and don't know about the target sponsor, some discovery questions might be extra related to you than others. Expect serious, cutthroat competition with the higher stakes. In the industry this is known as "activating" the sponsorship. Mindset Performance Coach Craig Muirhead looks at the advantages of flow-state thinking for drivers and riders. 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. From NASCAR, to Club Racing, to go-karting. Share your form with others. But I wouldnt rely on these to fund your racing career, there are better ways to find sponsorship. 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). Copyright 2023 Leaf Group Ltd. / Leaf Group Media, All Rights Reserved. Match those goals with what you can offer. So I built it myself-Ferdinand Porsche. Faith Motorsports takes great pride in making sure each sponsor's expectations are greatly exceeded. You now have to deliver on your sponsor's expectations and, if possible, exceed them. 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. Target local businesses first because it is unlikely that unknown racers can score major sponsors at first. Approach the deal as a win-win for both sides. Its a great thing to have but it will not help you secure sponsors on its own. Simple One Page Lease AgreementA Lease Agreement is a contract between a landlord and the . <> 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. You might be getting involved in discussions on LinkedIn. 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. 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. Whenever you create a sponsorship proposal, it must be written in such a way that it attracts the potential sponsor. Helping race directors share expertise and learn from each other is a big part of what we do. Racing Sponsorship Proposal Template Download this Racing Sponsorship Proposal Template Design in Word, Google Docs, Apple Pages Format. Use your market research data to request a feasible amount. AB-InBev, the parent company reported 54.3 billion in profit during 2012. Its important at this step in the sponsorship process to think about your niche just as you would if you were a business. 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. Include methods like cheque, e-transfer, PayPal, etc. %&'()*789:EFGHIJUVWXYZcdefghijuvwxyz There are plenty of great articles, podcasts, and books directly pertaining to creating a good sponsorship proposal. 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. Any accomplishments in racing you have achieved. Auto Sponsorship Proposal moorespeed.com Details File Format PDF Size: 298 KB Download 3. This will help you catch the decision makers eye but dont forget just how important content is in all this. If you check out Crapcan, Club, and even Entry-Pro there generally arent anyone in the stands that arent family, friends, or crew. Racers and sanctioning bodies are using new ways to find sponsorship dollars in 2020. This is how you present yourself as a racing driver and show your value to potential sponsors. You're already in a slim minority of organizers: you have someone interested enough in your race to want to spend time hearing what you have to say. You are so much more than a racing driver so think about your interests and skills outside of motorsport. Its the one form of racing where you are able to race, even at entry and grassroots levels with paying fans in the seats. Automotive Racing Sponsorship Proposal oecm.ca Details File Format PDF Size: 349 KB Download 4. 0000001257 00000 n Sure theres potential for tax write-offs and creative accounting, but dont bank on any of that. Though my experience was generally limited, I never saw ANY return from any of it. Make it very clear why you stand out over other drivers a niche that goes beyond motorsport can really help you here. Tell us about the class you run. Sponsorship Proposal. We work together, help each-other out, and do all we can to make sure well have a great race. 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. 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. Racing is an expensive sport that requires investment and sponsorship. Theres hard work involved but the secret is consistency, especially once youre all set up and in the swing of things. You still need to be able to eloquently put your case across in writing. A fictional manufacturing company has contracted a student design team to develop a small Formula-style race car. This clean sponsorship proposal design fits all kinds of projects. Once youve got an idea of this, think about the features youll offer to help a business reach its goals. How will your sponsor assess the sponsorship and whether it has been a success for them? Sample page from the Racing Mentor proposal template. 78 0 obj <>stream 0000054541 00000 n These are great places to start. 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. Where can I find sponsorship opportunities? The most effective thing you can do to minimize out of pocket expense is in choosing a car that is affordable, reliable, and wont blow through consumables. 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. If theyre not quite right, ask yourself why. Building relationships can take a number of different forms: You might be going to networking events to build relationships with local business owners. 0000054763 00000 n 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. 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. 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. Make your direct pitch. Don't ask yourself "How low should I go?" Is your audience someone who will actually buy their product? Racing Sponsorship Proposal Template Details File Format MS Word Google Docs Pages Download 2. Think of it more like a sales deck. Treat your Race Team as a Business. Proposal for auto racing sponsorship by moorespeed race engineering 2131 theo drive austin texas, 78723 512.474.7223 www.moorespeed.com. Neither Agree Nor Disagree 2.18%. It is a sales document designed to persuade and convince that prospective sponsor why they should invest in their event, initiative, fundraiser, or program. In short, have a solid plan (a sponsorship proposal) for how you will BOTH benefit from any sort of partnership.
Bay Ridge Restaurants Open, Articles R