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Published byPhoebe Cox Modified over 9 years ago
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Sponsorship Form of Sales Promotion Most often used in the sports and entertainment industries
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is built on sponsorship
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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
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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
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sales NASCAR licensed products 1990 – $80 Million 1990 – $80 Million 2004 – $2.1 Billion 2004 – $2.1 Billion Sales have increased 3000% since 1990
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sales Last year NASCAR made 3 billion in licensed product sales More Fortune 500 companies sponsor NASCAR more than any other sport
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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
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fans 33% have incomes between $30,000 and $50,000 30% have household incomes over $50,000 53% are over 35 64% are married
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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%
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Brand Future NASCAR Café: Themed restaurant NASCAR SpeedPark: Go kart tracks ○ Vaughan, ONT ○ Myrtle Beach, SC ○ Concord, NC ○ Smokey Mountain, NC ○ St. Louis, MO
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Brand Future NASCAR ride at Carowinds Park NASCAR driving experience
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So What’s The Big Deal? 1/3 of the Fortune100 firms sponsor a NASCAR racecar
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The BIGGEST Sponsor of All NASCAR Sponsorship
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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
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Main Sponsor $5-9 million Includes hood, driver’s chest and TV panel (back of trunk) Hood Driver’s chest TV Panel
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B-Post $75,000 - $150,000 Other Sponsorship Options Trunk $500,000 - $1 million C - Post $250,000 - $750,000
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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
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Other Sponsorship Options Roof and Door panels Car Number locations No Ads are permitted here
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