How long does it typically take to build a sponsorship relationship with a major brand like Toyota?
Answered in: 2023 Drag Racing Sponsorship Summit Part 4The Answer
Building sponsorship relationships with major brands requires patience and persistence, often taking years. Toyota, for example, makes slow and deliberate decisions. Steve Torrance approached Toyota about four times over several years before finding the right timing to join the Toyota family. The Joe Gibbs relationship took time to develop into what became a 20-year partnership. Networking doesn't mean attending one event and expecting immediate results - it requires consistent presence and relationship building over time.
Want the complete breakdown?
Get full access to 2023 Drag Racing Sponsorship Summit Part 4
Related Questions
What is the difference between a deck, a proposal, and a proof of performance report in sponsorship?When is the best time to send a sponsorship deck to a company?What should a proof of performance report focus on to help secure sponsorship renewals?How can athletes effectively network at trade shows like PRI and SEMA without being intrusive?How important is understanding a potential sponsor's business plan before approaching them?
Ready to master sponsorships?
Get instant access to 2023 Drag Racing Sponsorship Summit Part 4 and start implementing these strategies today.