Race Driver Business

Understanding the Sponsorship Journey

Charlotte Tilbury

Understanding the sponsorship journey is the whole point of my Business of Being a Race Driver series and this week is no different. You will learn secrets to ace your sponsorship meeting, how the sponsorship process works, a free sponsorship webinar you can attend as well as tips on how to manage your money. All … Read more

5 Reasons Why Every Race Driver Needs to Manage Their Money Wisely

Financial Management for Race Drivers

(Welcome to 5 Reasons Why Every Race Driver Needs to Manage Their Money Wisely, the first article in a three-part series on Financial Management for Race Drivers titled Driven to Succeed: Financial Planning for Motorsport Athletes by financial advisor Elliott Ellis. Parts two and three will be published on the following two Thursdays.) In the … Read more

Think Outside the Box

Think Outside the Box

Think outside the box. This week, you’ll get valuable tips on how to do just that, along with advice on avoiding burnout, growing your social media following and increasing your sponsorship value. Plus, don’t miss out on a webinar about crafting effective sponsorship decks. All this and more in this week’s edition of The Business … Read more

Sponsorship is Not About You

Sponsorship is Not About You

Sponsorship is not about you and this week in the Business of Being a Race Driver you will understand why. You will also learn why you should plan ahead, get details on two great webinars to attend and exploring the various paths to Formula 1. The Business of Racing Alexandra Schieren of Alexandra Schieren Sports … Read more

Do What Most People Wouldn’t Do

Do What Most People Wouldn't Do

This week you will get the simple but powerful advice to do what most people wouldn’t do. Call it thinking outside the box or putting in that extra effort, whatever cliche you choose to use is fine. The point is to do what others wouldn’t do because they don’t want it as bad as you … Read more

Why Brands Sponsor

Why brands sponsor

This week’s edition of The Business of Being a Race Driver on Motorsport Prospects covers why brands sponsor, how to build yourself into a champion, details on a helpful social media marketing webinar, and four inexpensive ways to start racing now. The Business of Racing In the video above, Enzo Mucci explains how to build … Read more

The Importance of Building Relationships with Your Sponsors

Importance of building relationships

The importance of building relationships with your sponsors is just one of the topics covered in the latest edition of The Business of Being a Race Driver. I also have tips on building your online presence, the importance of networking for a race driver and some new approaches to the costs of racing. All this … Read more

How to Use ChatGPT to Secure Motorsport Sponsorships

Chat GPT

This week you will learn some tips on how to use ChatGPT to secure motorsport sponsorships, read about the digital transformation of motorsport sponsorship and find out how much it costs to get to Formula 1. All this and much more in this week’s edition of The Business of Being a Race Driver on Motorsport … Read more

Preparing for Your First Media Interview

Preparing for your first media interview

Tips on preparing for your first media interview is one of the features in this week’s Business of Being a Race Driver. I also have advice on using crowdfunding sites for your racing budget, a free resource to help you with your sponsorship deck and what motorsport agents do for athletes. All this and more … Read more

Branding Tips From James Hinchcliffe

James Hinchcliffe

Branding tips from James Hinchcliffe are just one of the highlights that I link to in this week’s edition of The Business of Being a Race Driver. I also feature essential tips for securing sponsorships, how to post consistently on social media and racing Spec Miata on a budget. All this and much more in … Read more

How B2B Relationships Work in Motorsport

B2B Relationships

How B2B relationships work in motorsport is critical to understand to better prepare your sponsorship proposal to address a business need. This is just one of the articles linked to in this week’s The Business of Being a Race Driver. I also have tips on how to increase your value proposition, the value of sponsorship … Read more

Keeping On Track with Your Racing Career

Racing Career

This week you will learn about a tool that will assist you in keeping on track with your racing career, literally and figuratively. You will also learn about branding, how a sponsor determines ROI and networking in motorsports. All this and much more are in this week’s edition of The Business of Being a Race … Read more

The Untapped Potential of Female Drivers in Brand Narratives

The Untapped Potential of Female Drivers in Brand Narratives

This week you will learn about the untapped potential of female drivers in brand narratives as part of The Business of Being a Race Driver. You will also learn about the sponsorship proposals process, sponsorship valuations and why you are struggling to secure sponsorship deals. It’s all in this week’s edition of The Business of … Read more

The Power of Your Story

The Power of Your Story

The power of your story is something exclusive to you and this week in The Business of Being a Race Driver you will learn how that resonates in sports. I also have an explanation on the difference between sponsorship decks and proposals, the 5 myths of motorsport sponsorship and a link to an interview with … Read more

Use Your Personality to Boost Sponsorship Success

Personality

Using your natural, authentic personality can boost both the success of your current sponsors and the chances of landing new ones. This week you will find out how that plays out in F1 so you can take the lessons learned to your own racing career. Essential budgeting tips for racers, keeping sponsorship prospects engaged and … Read more

How to Support Race Drivers on the Development Ladder

Race Driver Development

A video on how to support race drivers on the development ladder highlights this week’s Business of Being a Race Driver. I also have more informative articles on how one race team tackles sponsorship internationally, the difference between sponsorships and partnerships and a new Canadian program to help encourage motorsport participation. It’s all in this … Read more

You Are a Product So Sell Yourself!

You are a product.

You are a product so you need to sell yourself and this week you will find out how and why. I also have some great tips on social media marketing, leveraging the media to boost your racing career and advice on why you need to customize your sponsorship deck. All in The Business of Being … Read more

The Top Sponsorship Trends for 2024

Trends

The European Sponsorship Association looked at the top sponsorship trends for 2024 and this week I have the details. I also look at the importance of properly developing your confidence as well as a great scholarship being offered in the UK’s Ginetta Junior Championship. It’s all on this week’s edition of The Business of Being … Read more

Customizing Your Sponsorship Deck

Sponsorship Deck

Customizing your sponsorship deck is just one of the actionable tips featured in this week’s Business of Being a Race Driver. I also have two great podcast episodes you should listen to, a service run by a race driver that specializes in micro sponsorships and dealing with setbacks. It’s all in this week’s edition of … Read more