NO! Before approaching a sponsor, draft a proposal first. Getting a renewal for a second year comes down to one small thing: Did you help your sponsor reach its goals? This video will walk you through the creation of a sponsorship proposal suitable for any grassroots racing driver or team.Our previous video on sponsorship relationships: https://youtu.be/0GbxmvsAxb4Copies of our sponsorship proposal template (Microsoft Word format) can be obtained by direct messaging us via one of the social media accounts below.If you would like to contact C Racing, we can be reached on social media at the following:Facebook: @C2RacingTeamInstagram: @c2_racing_team, @jasoncamps You are welcome to submit a sponsorship proposal for review to the following address: Summit Racing Equipment Attn. How will your sponsor assess the sponsorship and whether it has been a success for them? Christopher hogan & team hogan racing sponsorship packages i. Download Proposal for auto racing sponsorship by moorespeed race engineering 2131 theo drive austin texas, 78723 512.474.7223 www.moorespeed.com. It will be worth it. How to Find Sponsorship for Your Race Team or Series the New - Autoweek 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. How will the person opposite you stand to gain from the sponsorship? Read on for a step-by-step guide to getting sponsored. Make your direct pitch. Dont just approach motorsport press for coverage. If you dont know the difference between features and benefits are then a motorsport proposal template might help you out. Car Sponsorship - Wolfpack Racing - Sponsorship Opportunities The heart of your proposal lies in what you have for them. Pravega Racing Sponsorship Proposal | PDF | Automobiles | Manufacturing This provides a thorough overview but does not overshadow the point of the sponsorship proposal: to get funding. Social media is king. What is the sponsor trying to get out of a potential sponsorship of your event? How to get more Instagram followers as a racing driver, Flow-state thinking: The secret to shaving off seconds. 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. Head Start is our industry podcast, delivering in-depth content on anything cool happening in the It is really pointless trying to go over all the possible variations of a sponsorship negotiation. This will re-iterate facts about the event benefits, and features. One of the biggest mistakes drivers make is getting too lost in their own heads. 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 Any accomplishments in racing you have achieved. Be sure to include a call-to-action so the decision-maker knows what you want them to do next. The second is a simple showcase of who you are. 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. 0000054763 00000 n How are you going to justify the cost of what youre offering? Simply putting a name out doesnt always mean it will come back as added revenue for a company. Explain up front that you are seeking sponsorship for your racing team and that the organization will find the proposal attached. There is occasional TV coverage, but it isnt major. The sponsor's eager and you know exactly what they're after. race car sponsorship template Doc Template | pdfFiller Here are the steps to follow to earn a motorsports sponsorship: Choose a target sponsor company that's affiliated with motorsports or has sponsored motorsports organizations in the past Determine your most worthy assets and put them on a valuation list Work on your sponsorship package and sponsorship proposal Meet with the sponsor to discuss ideas Follow these simple guidelines to get Racing Sponsorship Letter ready for sending: Choose the document you require in our library of legal forms. Connor Carrell Racing 7757 Cedar Glen Way Middletown Ohio 45042 Tax ID: 85-1748074 CCR Sponsorship Proposal Form Please Remit Payment to: Connor Carrell Racing 7757 Cedar Glen Way More >> 1 Year; $200.00: 3: 210901: Connor Carrell . Include contact information on the introductory letter and proposal. Do you have a very popular online presence? If you can convince a company to sponsor you, but that company doesnt quickly see the value. But there are two big things that help you find success. Dear Sponsor Man, Can you sponsor me? You will use that information to get back to your sponsor with a winning proposal. Whenever you create a sponsorship proposal, it must be written in such a way that it attracts the potential sponsor. Include references to your relationship-building conversations. If you cant think of anything to say or ask, consider whether the prospect is right for you. 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. They must know what they are sponsoring so that they can decide whether to accept your proposal. You do not need to include every cost. But these features dont work alone. The design proposal sponsorship is easy edit in InDesign. In short, have a solid plan (a sponsorship proposal) for how you will BOTH benefit from any sort of partnership. Do you need a motorsport proposal template? Racing Mentor xref Racing Sponsorships. 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. Faith Motorsports takes great pride in making sure each sponsor's expectations are greatly exceeded. You really need to know how you can sell a partnership to a business, and that means understanding the basics of business and sales. 4. This is by far the most useful and engaging type of proposal and the kind the template will help you create. The prototype race car is to be evaluated for its potential as a production item. Her work has appeared in the "Princeton (N.J.) Packet," "Destinations" magazine and in higher education publications. 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. Print out the letter and mail it or hand-deliver it to the potential sponsor. You and any potential sponsors need to work together to achieve what you both need. Copyright 2023 Leaf Group Ltd. / Leaf Group Media, All Rights Reserved. Kyle Busch proposes Anheuser-Busch with NASCAR sponsorship Race Car Sponsorship - The Presentation (Part 1 of 4) - YouTube The racing team approaches a mid to high scale business organization asking them for sponsorship. Some features will have numerous benefits. Its a great thing to have but it will not help you secure sponsors on its own. 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 racing team approaches a mid to high scale business organization asking them for sponsorship. @JP)^~")x&d=AALKTbh;}R3qbf>T;T9+x~_e]p5| .FH+&. 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. We are a Military Team that runs in Michigan . 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. Do not plead. The easiest way to get motorsport sponsorship is to build a network. 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. 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. Expand awareness of their product? 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. L@Pk98ky lhhV^r=\qnx1ts[Cs7{X9ZOMz a5DILWZ!G*p *U;g&gze*^Mg R(U(r krdWRLn{Fu? 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. Blanket emailing everyone in your local area wont work, so you need to put a little time into researching relevant businesses. Once youve got an idea of this, think about the features youll offer to help a business reach its goals. Q%(D,qn"Q7lZ|j_u6,qn"Q7lx+h;n"Q7YG:AZ|j_QlYG: f.c|fi~ F-f.c|5q>56,qn"Q7lx+h;n"Q7Y}qtnzuI=DcwbT -LK9n6i))(L{`"$M Y=qt`Ql;VXRAM$%mYRM04)R>;mf$O?OSb>/S>eeoX]IPlEz>RY:U( =yY4 U{qG]fbN|5E {Z8f&Zp|^jd}[n If you're planning to present a sponsorship proposal to your prospective sponsors, make sure that you're ready with your offers. Always be thinking of ways to reach new people. Collect this information together when it comes to talking about renewal. Many more also emulate a classic livery because it looks really cool, without any form of compensation. I will put your sticker on my car and get you 1,000 more fans all wanting your stuff, all you have to do is give me some free products. Use a phone line that you are primarily responsible for answering, such as your cell phone, so calls are not missed. Our team becomes an extension of the marketing department of our sponsoring corporations or . How to Write a Sponsorship Proposal (Motorsports) - YouTube It is not a donation nor is it a "favor". Motorsports Sponsorship Proposal Template - Get Free Templates :Us&4h[W)0PrysM~;Dy,GLZpb>fJ#u\:rV.BPsGG2 &11f'QO)KA4WO6ORej[d\KxgsugUucdM* C6bOG'+$(}>g$7fcT-?%tLRO7&J|t4hQ+h;M>>+/~ Ht1_%`1;d`*FpS\@KOr)r+Z{]?>~)7rw):,QuH1>^qnrTb_2|=7}F>bb)E]Oa6;Sy#A'1SN1Ra1a;IKh,e4fr, 6d$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 Your proposal can't be, "I have a race car and it gets seen by a lot of people, therefore, if you put your logo on my car you. All forms provided by US Legal Forms, the nations leading legal forms publisher. Treat your Race Team as a Business. Dont be afraid to think outside the box you dont have to do what every other driver has been doing for all of time. Sponsorship can come in a number of flavors, depending on the form of contributions the sponsor makes to the race. Quite often, the businesses you see sponsoring club racing cars are the drivers own personal business, job, parent, or friend. Dont let imposter syndrome get the best of you. Ask yourself these questions to see if a proposal template is right for you or if you should have a crack at creating your own. As a racing driver you are focused, talented and ambitious in something you love to do . 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. The hard work comes into sitting down and going through these steps. Sponsorships are not charity. Race Car Sponsorship Proposal Template. 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. 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. A sponsorship proposal is a document submitted by a not-for-profit agency, charity, foundation, or event services company to a potential sponsor. 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. 40+ Sponsorship Letter & Sponsorship Proposal Templates How to Get a Motorsports Sponsorship| Little Power Shop Make sure youre emailing (or messaging) the decision-maker directly rather than using a generic email address. 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. Race Car Sponsorship Agreement Template - Drinkrawrepublic.com This way both the parties enter into a sponsorship contract or sponsorship agreement. Are you going to help that business make more sales? Sponsorship is a commercial arrangement, meaning both parties are in it for some form of commercial gain - direct on indirect. <> 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. 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. Make sure you get the details for the decision-maker. Start by making a list of the businesses youd love to work with. Sure theres potential for tax write-offs and creative accounting, but dont bank on any of that. How invested will they be in the sponsorship's success. hb```"gVa1G2S\Z&80~QRse Agree 10.48% Use your market research data to request a feasible amount. . So I built it myself-Ferdinand Porsche. You might be getting involved in discussions on LinkedIn. This is a more simple document that tells your story. 6 0 obj Dont skip this step because it could be the difference between no reply and a career-changing sponsorship deal. stream How to Get a Go-Kart Racing Sponsorship (Important - GoKartGuide Sponsorships - Summit Racing Equipment One of the first things a prospective sponsor will do is check out your social media accounts. 2011 Team Racing Sponsorship Proposal Our desire . If you dont know what kind of content youre going to put in your proposal, the Racing Mentor template has guides and sample content to help you get it right. This will help you catch the decision makers eye but dont forget just how important content is in all this. Yes, the sponsor may recommend a few of their own ideas or recommend you nix certain belongings or activations. 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. Free Sponsorship Proposal Template Luxury 10 Best Of Racing Sponsorship by issuing press releases around their involvement with your event, making the most of sales opportunities you may offer through a race expo etc). Race Car Sponsorship Agreement Template - sfiveband.com Automotive Sponsorship Proposal Details File Format MS Word Apple Pages Google Docs Download 2. BC racing Coilovers for 2010 Honda Odyssey. First, provide a history of you and your racing team. Match those goals with what you can offer. Collect evidence throughout the race season testimonials, statistics, etc. You dont show up to a job interview in flip flops with photos to show on your phone to showcase.