This week I feature more motorsport sponsorship advice you can use on the Business of Being a Race Driver. My hope is that these resources will help you in your quest to live your motorsport dreams.
The Business of Racing
From the Driver’s Point of View
Steffen Schmitter CEO at Sportgeist has created Mastering sponsorship: A tactical guide for young racing drivers, featuring six key tactics for young racing drivers to secure and sustain sponsorship:. “Working with young drivers from various series, I see the same recurring challenge: balancing peak performance on track while building a solid financial foundation through sponsorship. Managing both at once can be overwhelming.”
Two great items from the Charge sponsorship agency this week. The first is advice on how to get sponsor prospects to respond. “Navigating the waters of sponsorship sales can be challenging, particularly when faced with the silent wall of unresponsive prospects. The sales process can be frustrating if you don’t get sponsor prospects to respond to your emails and calls. It’s like knocking on doors that never seem to open. However, with the right set of strategies, you can turn the knob and open the door to valuable partnerships. Here’s how to enhance your engagement game, demonstrate value, and build relationships that resonate.”
The second is on-demand access to their Sponsorship Success Method course. You can find out more here.
Ever thought of being a brand ambassador but not sure what it is? MotiV8 training has great advice on being a brand ambassador. “There’s a rapidly increasing trend of people seeking out information and recommendations from other people, on which they base their purchasing decisions….and what we’re getting is good old fashioned ‘word of mouth’ made infinitely more powerful by online communication platforms.”
From the Sponsor’s Point of View
At the end of every motorsport season, from Formula 1 to endurance racing, the same question echoes in boardrooms: defining true sponsorship success. It sounds simple. After all, there are endless reports, broadcast figures, and digital metrics that can measure how often a brand was seen. But visibility alone doesn’t tell the whole story. A logo can dominate the TV screen and still fail to shift perceptions, open doors, or move markets. Drive Sports Marketing explains.
The demand for digital content and engagement is massive. Brands want content that their audience relates to and for a good reason – it is incredibly effective. No matter how much the digital side of things is expanding, we believe the human and in-person things need to develop at least as much to keep up. If you look at most of the world’s digital content, you will find a lot of the engagement comes from the documentation of real human emotion. Or real, human competition.
So what happens first? The content or the experience? As a manager with limited brand resources, how do you know where to invest to maximize content development ROI? Sports marketing agency Sport Dimensions explains why its experiences first, content later.
The Costs of Racing
Author: Mark Boudreau
Mark is the publisher of Motorsport Prospects. As a lawyer, he applies his legal background and research skills to assist race drivers by showcasing the resources they need to make their motorsport careers happen.
