Sponsorship Form of Sales Promotion Most often used in the sports and entertainment industries
is built on sponsorship
The History of Founded in 1948 Annual attendance exceeds 9 million fans visiting 37 races N - National A - Association S - Stock C - Car A - Auto R - Racing
as a BRAND NASCAR is a “brand” The second highest rated live sport on TV Behind the NFL Behind the NFL 71% of NASCAR fans are loyal to brands that sponsor the sport More than any other sport More than any other sport Banking on NASCAR
sales NASCAR licensed products 1990 – $80 Million 1990 – $80 Million 2004 – $2.1 Billion 2004 – $2.1 Billion Sales have increased 3000% since 1990
sales Last year NASCAR made 3 billion in licensed product sales More Fortune 500 companies sponsor NASCAR more than any other sport
fans The majority of NASCAR fans do not fit into the general stereotype associated with the sport 78% of NASCAR fans are high school graduates 40% of NASCAR fans attended college 36% are in professional or managerial occupations 70% have full-time employment
fans 33% have incomes between $30,000 and $50,000 30% have household incomes over $50,000 53% are over 35 64% are married
fans Women make up almost 40% of the NASCAR fan base More than any other sports SportWomenMen NASCAR38%62% NFL35%65% MLB31%69% NBA28%72% NHL12%88%
Brand Future NASCAR Café: Themed restaurant NASCAR SpeedPark: Go kart tracks ○ Vaughan, ONT ○ Myrtle Beach, SC ○ Concord, NC ○ Smokey Mountain, NC ○ St. Louis, MO
Brand Future NASCAR ride at Carowinds Park NASCAR driving experience
So What’s The Big Deal? 1/3 of the Fortune100 firms sponsor a NASCAR racecar
The BIGGEST Sponsor of All NASCAR Sponsorship
Who’s missing? Hard liquor has not traditionally been a part of NASCAR Introduced into the sport in 2004 to bring an influx of cash to the sport Liquor Brands and NASCAR
Main Sponsor $5-9 million Includes hood, driver’s chest and TV panel (back of trunk) Hood Driver’s chest TV Panel
B-Post $75,000 - $150,000 Other Sponsorship Options Trunk $500,000 - $1 million C - Post $250,000 - $750,000
Front Fender $30,000 - $100,000 Other Sponsorship Options Rear Quarter Panel $750,000 Front Quarter Panel $750,000 - $150,000 Lower Quarter Panel $25,000 - $75,000 Behind Rear Wheel $200,000 - $600,000
Other Sponsorship Options Roof and Door panels Car Number locations No Ads are permitted here