Since you are racing for the fun and bragging rights, you arent usually considering wrecking competitors to get by. Talk to mechanics, auto shops or dealerships. However, when you intend to write a racing sponsorship proposal from scratch, you must know about its basic elements which are explained below. This provides a thorough overview but does not overshadow the point of the sponsorship proposal: to get funding. Dear Sponsor Man, I e-mailed you yesterday but did not get anything back. 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. Want to race with packed stands and screaming fans? Don't ask yourself "How low should I go?" This basically means compiling as comprehensive a list as possible of all the things you can offer that a sponsor may take an interest in. 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 The design proposal sponsorship is easy edit in InDesign. Before approaching a sponsor, draft a proposal first. Sprint Car Racing Event Sponsorship Proposal Powerpoint Presentation Slides This will be key in making sure theyre happy throughout the year. Specify the Event. I could not find the sports car of my dreams anywhere. A fictional manufacturing company has contracted a student design team to develop a small Formula-style race car. Sponsorship proposal for Alfie Gendall Racing in 2021. Find a class thats easy on consumables and where cars are affordable. 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. Racing is an expensive sport that requires investment and sponsorship. So go the extra mile. If you are currently racing, or are considering it Make sure you are getting the most out of your possible contingency sponsors, there are a lot of people who drop the ball on claiming contingency prizes. 0000054541 00000 n Dont just approach motorsport press for coverage. Podcast 036: How to Have Fun With Your Content, Podcast 001: The importance of a strong brand, Video How to find a hook to attract sponsors. Motorsport sponsorship has changed over the years and this guide will show you exactly what you need to do to find success. Use a word processing program or design software to intersperse the digital photographs you took throughout the letter. 10+ Automotive Sponsorship Proposal Samples 1. The more relationships you can build in your chosen niche, the more people youll have to approach for sponsorship or introductions. Group outing packages can be set up for larger groups from your business or organization. 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. If anything, it means the opposite. BC racing Coilovers for 2010 Honda Odyssey. 78 0 obj <>stream Moreover, you will further get an idea about what a racing sponsorship proposal is and how to create one. Will they be seen as an innovator in their company if the sponsorship succeeds? Treat your Race Team as a Business. Assess whether what you can offer will help them reach their goals in a broad sense. Expect to promise a specific number of race appearances, shows, online presence, blog posts, etc. 6 0 obj Businesses who sponsor drivers will pay money or provide free (or more likely. It is in that follow-up meeting, also known as a discovery session, that you and the sponsor will be discussing your sponsor's needs and how a sponsorship of your event could help meet them. Use a phone line that you are primarily responsible for answering, such as your cell phone, so calls are not missed. For example, if youre targeting fitness brands, the decision-maker will want to see that youre a source of inspiration and advice for your audience. 0000051603 00000 n This proposal contains proprietary and confidential information of EVSR and Entropy Racing . Once you have a list of what youll offer, think about the benefit of each the direct impact that thing will have on the business and its goals. 1110 A motorsport proposal template wont be for everyone. Pearson Racing members utilizing wearing apparel with your corporate name/logo and the exposure you will receive in front of thousands of race fans. Explain up front that you are seeking sponsorship for your racing team and that the organization will find the proposal attached. 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. Thank the letter reader for his or her time and include all of your contact information. The racing sponsorship proposal samples given on this page will help you in creating an effective racing sponsorship proposal. Getting a renewal for a second year comes down to one small thing: Did you help your sponsor reach its goals? PDF Sponsorship Proposal For - Ricky McGough Racing 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. Sponsorships help defray these costs. 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. Time and time again on this blog I repeat the famous quote: The best way to make a small fortune in racing is to start with a big one. There just arent many any ways to compete in this hobby and make money while doing so. This all comes down to value. Make sure you only provide brief details of everything in the cover letter. Your approach should include details of how youll provide value to them. Val Apple Motorsports, Inc. 2. If youre looking to higher-end businesses for sponsorship, consider hiring a designer to produce a proposal that will fit both yours and the businesss brands and include exciting content like mock-ups. Gather the history of your racing career or racing team. 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. Weve also included page references for the Get Paid to Race book (currently only available as an ebook). 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. Whenever you create a sponsorship proposal, it must be written in such a way that it attracts the potential sponsor. industry, as well as actionable expert tips to help you stay ahead of the curve. Free Racing Sponsorship Proposal Example - Flip eBook Pages 1-12 | AnyFlip Will you sponsor my race car? What assets of your property could potentially provide a good match for your sponsor's objectives? Here's the real key: This marketing deck isn't about you, it's about them. They must know what they are sponsoring so that they can decide whether to accept your proposal. Your sponsors would base their decision on how you're going to help them in exchange for their support. Do your posts get engagement? Free Sponsorship Proposal Template Luxury 10 Best Of Racing Sponsorship Ask instead "What can I throw into the sponsorship proposal that would make the price worth paying?" If you cant think of anything to say or ask, consider whether the prospect is right for you. And with that, extraordinarily expensive (Hundreds of thousands PER weekend) to compete in with any shred of competitiveness. Social media is king. How to Write a Race Car Sponsorship Proposal - SportsRec (Sponsorship activation involves all the initiatives the sponsor would undertake to best leverage the sponsorship assets you offer, e.g. Approach the deal as a win-win for both sides. <<5EC83BD88C05E142B8DC1C06ED146CA3>]/Prev 813923>> This is where you set yourself apart from the rest. Start by making a list of the businesses youd love to work with. Following Up Your Sponsorship Proposal; Motorsport Sponsorship Guide Finding sponsors and making it to a racing grid year on year, or for the first time, can be a very daunting prospect and is more important than simply offering logos on your livery design. How to Find a Sponsor as a Beginner Triathlete. However, it must be written, formatted, and presented in such a way that it attracts the other party (sponsor) to accept your proposal and make them ready to sign the sponsorship agreement with you. Neither Agree Nor Disagree 2.18%. % People love to talk about themselves so ask questions and chat about them. Drag Car Racing Sponsorship Proposal Powerpoint Presentation Slides Simply putting a name out doesnt always mean it will come back as added revenue for a company. Download this 100 percentage editable presentation and get access to our highly . Work from the outlines you prepared to include all of the important details. Fast Feb is back but its looking a little different for 2023! You are welcome to submit a sponsorship proposal for review to the following address: Summit Racing Equipment Attn. 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). Firmly Settle Your Offers. Racing Sponsorship Proposal Template Details File Format MS Word Google Docs Pages Download 2. Tell us about the class you run. Modern-day motorsport sponsorship is all about standing out. Consider positioning trophies around the car in some of the shots -- this is a subtle reminder that you are a successful racer. How to Get a Go-Kart Racing Sponsorship (Important - GoKartGuide Partnership is the key word here, treat it as a partnership, not a sponsorship. To be clear; for every dollar they give you, they want(need?) Organize the proposal in sections. If you already have an established brand including logo, colours, fonts and tone of voice, then a racing proposal template could help you present all this in an attractive and effective way. 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. Then, when it comes time to talk about renewal, youll have clear evidence of how youve helped them hit goals and milestones. Sponsorship Proposal Examples - 15+ in PDF | Google Docs | Pages | MS This is because every racing team has its own sponsor and that sponsors logo and name are mentioned on everything from the drivers racing kit to cars to the staff uniform, etc. How To Get Sponsors To Pay For Your Broke Ass To Go Racing - Jalopnik The NHRA secured its new title sponsor, Camping World, after a series of interactions . All you usually need to do is display their stickers on the car and if you finish a race in certain positions (usually around the top 5 cars) you get some sort of prize. 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. If youve followed the steps above, you should know: Plenty about the business to personalise your pitch. Copyright 2023 Leaf Group Ltd. / Leaf Group Media, All Rights Reserved. Sell yourself, but do not offer things you cannot deliver, such as offering to feature the sponsor's logo exclusively if you are reaching out to other potential sponsors. Write what the sponsor will get in return, working from the list you have prepared. How to Get Racing Sponsors: 7 Steps (with Pictures) - wikiHow Life
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