Click HERE To see more posts by No Money Motorsports, _ Regards,_ _ Dave Peters_ _ 910-616-3799_. Feel free to email jess@racingmentor.com. L@Pk98ky lhhV^r=\qnx1ts[Cs7{X9ZOMz a5DILWZ!G*p *U;g&gze*^Mg R(U(r krdWRLn{Fu? In return, the racer gives the organization publicity and extras, such as personal appearances. 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. (Sponsorship activation involves all the initiatives the sponsor would undertake to best leverage the sponsorship assets you offer, e.g. AB-InBev, the parent company reported 54.3 billion in profit during 2012. If you let racing get too close to Work all the fun goes away. There are two reasons to have a sponsorship proposal, the first is position yourself as someone who can help a business. 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. So I built it myself-Ferdinand Porsche. How to Write a Race Car Sponsorship Proposal - SportsRec <> Single sponsor entire race car and enclosed trailer: $5500 * Indicates primary sponsorship. Take a look at this blog post for an updated list. The sponsor's eager and you know exactly what they're after. And, as always here at Race Directors HQ, we start from ground zero Let's start with what sponsorship isn't. 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. Sponsorship Proposal - Pearson Racing Essentially, Contingency Sponsors have already agreed to support a racing series. 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. Your true request is that you are asking to be part of the sponsor's sales team. This provides a thorough overview but does not overshadow the point of the sponsorship proposal: to get funding. Sponsorship - K1 RaceGear 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. Be sure to include a call-to-action so the decision-maker knows what you want them to . 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. So when you do get a sponsor on board it pays hugely to invest in keeping them happy. When you need Racing Sponsorship Agreement, don't accept anything less than the USlegal brand. Include a quick reference of what that audience corresponds to in your proposal to be transparent with sponsors on how you got the information. hb```"gVa1G2S\Z&80~QRse Don't feel like you need to include a shiny proposal document in the first instance. 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). Follow these simple guidelines to get Racing Sponsorship Letter ready for sending: Choose the document you require in our library of legal forms. 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. 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. Helping race directors share expertise and learn from each other is a big part of what we do. Racing Sponsorship Proposal Template (PDF) Pravega Racing Sponsorship Proposal - DOKUMEN.TIPS 20+ FREE Racing Sponsorship Proposal Samples in PDF, Download 26 BEST Baseball Scoresheet Templates [PDF, EXCEL, WORD], Professional Apology Email to Customer Templates, Tips for Writing a Memorable Farewell Email with FREE Templates, Writing a Kind Job Rejection Letter [FREE Samples in Word & PDF], How to Write an Open House Invitation Email (with Samples), 16+ Official Statement of Account Templates [in Excel & Word], Writing a Formal Letter to Request Raise in Salary (FREE Templates), Local Racing Tournament Sponsorship Proposal Sample, Individuals Racing Sponsorship Proposal Sample, Racing Sponsorship Proposal Request Sample, Electrifying Racing Sponsorship Proposal Sample PDF, Special Racing Sponsorship Proposal in PDF, Motor Sport Sponsorship Proposal PDF Sample, Simple Racing Sponsorship Proposal Sample, Off Road Racing Sponsorship Proposal Document, How to Write an Effective Racing Sponsorship Proposal? Start by making a list of the businesses youd love to work with. You still need to be able to eloquently put your case across in writing. 0000002058 00000 n This presentation is designed to provide a first look into the demographics, fan base, consumer loyalty, and buying power of the Rally Racing fan. 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. This is the part that actually attracts your potential sponsor. Sponsorship Proposal For . Make your direct pitch. The objectives for your first contact with potential sponsors are to (1) come across as a credible partner and (2) secure a follow-up meeting or call. *} The Complete Guide to Motorsport Sponsorship. 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 0000054541 00000 n 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! Generic sponsorship proposals have little chance of convincing would-be benefactors. Available on your favorite podcast player. . Then, when it comes time to talk about renewal, youll have clear evidence of how youve helped them hit goals and milestones. stream If you have any comments or suggestions for improving our race sponsorship guide, we'd love to hear them. Sample Automotive Sponsorship Proposal - 15+ IN PDF Sign it in a few clicks. Weve also included page references for the Get Paid to Race book (currently only available as an ebook). If you can convince a company to sponsor you, but that company doesnt quickly see the value. Getting sponsorship in motorsport requires dedication but a lot of drivers are still doing the same things that once worked and now dont. This way both the parties enter into a sponsorship contract or sponsorship agreement. Step 3: Give a detailed overview of the audience, markets and overall media reach of the event. Instead, provide a general overview, such as "Parts alone last year cost $X.". Race Car Sponsorship Proposal Template. Simple One Page Lease AgreementA Lease Agreement is a contract between a landlord and the . The hard work comes into sitting down and going through these steps. Dont skip this step because it could be the difference between no reply and a career-changing sponsorship deal. Well also cover the steps needed to secure long-lasting motorsport sponsorship including: All the links in the further resources sections are for free content from the podcast, blog, and YouTube channel. Explain up front that you are seeking sponsorship for your racing team and that the organization will find the proposal attached. Im going to open this post with a hard Truth: Road Racing Sponsors are NOTHING like what 99% of people think they are. The prototype race car is to be evaluated for its potential . Whatever your niche is, theres probably a story behind it and this is something you need to start pushing in the press. Learn about the business field to approximate how much revenue the sponsor brings in -- you want to be reasonably sure the organization can afford what you are asking. Don't ask yourself "How low should I go?" to see that back in extra sales. evsr.net Details File Format PDF Download Sample Sponsorship Proposal westportracing.com Details File Format PDF Download Sports Sponsorship Proposal Sponsorship Proposal - 61+ Examples, Format, Pdf | Examples E@!Euq[dIV%ehJQ5$ Race Directors Hub. Description: Thank you for your interest in sponsorship from Summit Racing Equipment. 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 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. In your sponsorship project, do the following: If you don't use a specialist project management tool, you can set everything up on a spreadsheet with different tabs for different sponsors. Her work has appeared in the "Princeton (N.J.) Packet," "Destinations" magazine and in higher education publications. Make it very clear why you stand out over other drivers a niche that goes beyond motorsport can really help you here. Sponsorship Proposal Template | Proposify [Free Trial] Your personal brand is the thing that your fans will get behind but its also the thing that will show how you stand out over other drivers too. 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. Edit your sponsorship agreement team online. Dont just assume that because youre posting nice pictures and updates, your audience will be interested. Will you sponsor my race car? It takes only a couple of minutes. 3. The cover letter should also include the reasons why you think this sponsorship will work. You will use that information to get back to your sponsor with a winning proposal. Some of the more common types of sponsorship are: What sponsors look for in any sponsorship is a good return on their investment of time, funds and other resources - what is commonly known as the sponsorship ROI. In fact, all the hard work of renewing a sponsorship deal is done during the race season when youre carrying out your work. BC racing Coilovers for 2010 Honda Odyssey. It does not mean that it must include false claims or misleading information. It's now time to decide whom to approach and how to get them interested in sponsoring your race. 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. If theyre not quite right, ask yourself why. 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. uC%q.Nbd VMdkydek/ ZU>~r5pf The NHRA secured its new title sponsor, Camping World, after a series of interactions . Nationally Televised. Sponsorship can come in a number of flavors, depending on the form of contributions the sponsor makes to the race. Social media is king. So go the extra mile. Becoming a NASCAR team sponsor is a big step for any company, regardless of size or budget. Collect evidence throughout the race season testimonials, statistics, etc. Write down every possible attribute you can give to a sponsor. Consider trade magazines, local newspapers, and blogs too. A short biography about you. When writing your sponsorship proposal, you have to tell your sponsor what kind of event you are planning. The same goes for most forms of Motorsports, whether its Drag Racing, Oval Track, Autocross, etc. No Money Motorsports, Ultimate Spec Miata Handbook for BUDGET racers No Money Motorsports. The racing team approaches a mid to high scale business organization asking them for sponsorship. Thank the letter reader for his or her time and include all of your contact information. Do you have a special story? . Before approaching a sponsor, draft a proposal first. Similarly, a racing sponsorship proposal is a document that a racing team presents to some individual or a business to get sponsorship from them. Auto Sponsorship Proposal moorespeed.com Details File Format PDF Size: 298 KB Download 3. We are currently pursing sponsorship for the upcoming race season, and we can create a package to suit your. There are plenty of great articles, podcasts, and books directly pertaining to creating a good sponsorship proposal. Leg Daddy Racing Sponsorship Proposal - SlideShare Head Start is our industry podcast, delivering in-depth content on anything cool happening in the trailer Using these pre-formatted samples will save a lot of your time and effort. race car sponsorship template Doc Template | pdfFiller Mindset Performance Coach Craig Muirhead looks at the advantages of flow-state thinking for drivers and riders. 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. Expand awareness of their product? 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,* Many sponsorships you see are for partial services, like a shop giving discounted alignments for sponsored cars or free tire mounting and balancing. Do research about the company. Write down all important facts, such as the biographies of the racers and the team's success rate. 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). Select the submit format and acquire the legal papers template in your product. 2. Racing & Sponsorships - Valvoline 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.