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2024 MSSS Part 2: Holley, K1 RaceGear, & BFG

Questions answered in this video

10 questions
Q
What do sponsors look for when selecting individual racers versus series sponsorships?

Major brands like Holley focus primarily on sponsoring sanctioning bodies and series rather than individual racers because it allows them to reach many racers at once through contingency programs. They work with individual racers mainly when breaking into a new series with a particular product or when they need to test and prove out new technology. Individual racers who get sponsored typically become early adopters who help test products, provide feedback, and can offer technical support to other racers at tracks.

Q
How can racers provide value to sponsors beyond just putting a decal on their car?

Sponsors value racers who can become proficient with their products and provide technical support to other racers at tracks, essentially becoming an extension of the company's tech support team. Other valuable contributions include leveraging B2B relationships by introducing sponsors to distributors, retail chains, or other business partners. Racers should think about what they can bring to help the sponsor sell products rather than just asking what they can receive.

What is the biggest mistake racers make when sending sponsorship proposals?

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What is the best format for a sponsorship proposal or deck?

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When is the best time to approach sponsors for motorsports sponsorships?

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How important is meeting sponsors in person versus sending proposals?

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What content and social media approach do sponsors want to see from athletes?

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How can racers leverage their existing sponsors to get new sponsorships?

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What personal qualities do sponsors look for in athletes they sponsor?

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What does sponsorship typically look like from racing product companies?

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