Are you willing to sponsor?
Are you ready to explore the transformative power of athlete sponsorship for your brand? Click here to learn more about how sponsorship can help brands grow and thrive in the exciting world of motorsports.
By Riccardo Tafà| Posted August 7, 2022 | In Sport News, Sports Marketing
Title sponsorship, otherwise known as a “naming sponsor,” “gold sponsor,” or “worldwide sponsor,” holds the highest level of significance when it comes to sports team sponsorships, with the potential exception of the kit supplier in certain sports like soccer. This top-tier position of the title sponsor offers a unique blend of marketing and branding advantages to the brand that assumes this role.
Title sponsorship is a strategic investment that grants a brand a substantial amount of the marketing rights linked to the sports team. From the use of the team’s name and image in communications to promotional activities, the title sponsor is positioned at the forefront of the team’s visibility. This allows the sponsor to leverage the team’s fame and audience reach for optimal brand exposure.
Moreover, in some sports like basketball, MotoGP, F1, and cycling, the influence of the title sponsor can extend to the name and colors of the team’s liveries or uniforms. This level of branding impact, however, is seen less in sports like football.
The power of title sponsorship lies in the diverse ways it can be harnessed. The visibility of the title sponsor’s logo on a team’s car, bike, kit, or other official apparel is a given. However, the brand’s visibility extends to the team’s printed material such as TV backdrops, magazines, newsletters, posters, and even the team’s official letterheads.
Furthermore, the title sponsor gains substantial digital prominence through the team’s website and social media channels. The sponsor’s products are frequently showcased to the team’s fans, providing an opportunity for direct product engagement. The team’s reach is also used to leverage competitions and offers that feature the sponsor’s products or services.
In addition to these branding benefits, the title sponsor gains exclusive access to players, drivers, riders, and athletes for events like trade shows. This opens avenues for hosting hospitality events and creating B2B opportunities at events where the sports team is present or competing.
However, managing title sponsorship requires time and expertise, considering the vast possibilities at disposal. This is where experienced sports marketing agencies like RTR Sports Marketing come into play, offering solutions in a straightforward and expert manner.
For companies venturing into sports sponsorship, understanding the distinction between a title sponsor and a presenting sponsor is crucial. A title sponsor is typically the main partner of a team, while a presenting sponsor is a key partner for an event. Both roles provide similar marketing rights, with minor differences potentially linked to the nature of the activity and the sponsor’s industry.
Despite the difference in names, both types of sponsorship provide marketing opportunities and sponsorship rights that are quite alike. They both offer visibility in terms of use of name or image, prominent positioning of the sponsor’s logo, presence on the team or event’s website or social media channels, and involvement with hospitality packages. Discover What is a Sponsorship Activation.
In the high-octane world of motorsports, from Formula 1 to MotoGP, sponsorship naming rights serve as a pivotal component in the marketing mix for brands seeking maximum visibility and exposure. Such rights are essentially contracts that allow a sponsor to append their name or logo to a sporting event, a team, or even a stadium for a designated period, translating into significant brand recognition.
From an economics standpoint, the value derived from sponsorship naming rights is immense. On one hand, a sponsor injects substantial funds into the team or event, facilitating everything from technological advancements, improvements in racing gear, to overall team operations. This sponsorship dollar influx plays a crucial role in enabling the team or event to maintain its competitive edge and continue offering exhilarating performances to its fans. On the other hand, this association provides the sponsor with extensive visibility to a global audience. As every race unfolds, millions of eyeballs are glued to their screens, following the action-packed contests. This leads to a surge in brand awareness and recall for sponsors, as their logos become indelibly associated with exciting races and famous drivers. The more thrilling the race, the more positive the association for the sponsor, and the greater the potential return on their investment.
With Formula 1 and MotoGP races taking place worldwide, sponsorship naming rights offer international exposure to a diverse and enthusiastic audience. High-visibility events such as these attract significant media attention, resulting in extensive coverage across different platforms and regions. Each time the sponsor logos get another moment in the limelight, perpetuating the cycle of brand visibility and recognition.
This continuous cycle of exposure also contributes to a longer-term benefit: brand loyalty. Fans of motorsports often develop an affinity for the brands that support their favorite teams or events, which can ultimately drive sales and increase market share for the sponsors.
The complex interplay of sponsorship dollars, sponsor logos, and millions of eyeballs watching races across the globe underscores the vital role of title sponsorship in today’s motorsports landscape. Whether it’s Formula 1 or MotoGP, securing sponsorship naming rights is a strategic move that allows brands to fuel their growth engine while adding value to the fast-paced world of professional racing.
RTR Sports Marketing, with over 25 years of experience, is dedicated to helping brands reach their marketing and commercial goals by utilizing motorsports as an effective communication tool. Whether it’s title sponsorship, presenting sponsorship, or sports marketing in general, RTR Sports Marketing is available to help brands navigate and optimize these opportunities. You can reach them via email at info@rtrsports.com for more information on how title sponsorship can work for your brand.
Are you ready to explore the transformative power of athlete sponsorship for your brand? Click here to learn more about how sponsorship can help brands grow and thrive in the exciting world of motorsports.
Managing Director for RTR Sports, Riccardo graduated in law at the University of Bologna. He began his career in London in PR, then started working in two and four-wheelers. A brief move to Monaco followed before returning to Italy. There he founded RTR, first a consulting firm and then a sports marketing company which, eventually, he moved back to London.
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By doing so, we are convinced that we are shortening the value chain, saving time and money. However, these DYI methods are anything but risk-free and what initially appears to be a competitive advantage soon turns into a problem that is difficult to resolve. That’s why there are agencies. And this is why you should rely on us for your sponsorships.
When first approaching a sponsorship or sports marketing project, it is difficult to know immediately which stakeholders are correct, what the decision flow is, and what the right timelines are for each process. Sports is a very specialized field of action, and fitting effectively into its paths can take a lot of time and therefore money. We, on the other hand, know referents and spheres of action and know who to talk to, when and how. So you are also more effective.
Sports is an immense passion, and for our heart colors we would be willing to do anything. But business is a different business, and it is important to make the best possible strategic decisions based on independent research, statistics and reliable data. A sports marketing and sports sponsorship agency like RTR has an objective, 360-degree picture of the scenario and can tell you what is really best for you: which sport, which athlete, which team. This is because we possess a great deal of data and information on ratings, segmentation and attitudes. Because the numbers don’t lie. Never.
Activations are the real heart of sports sponsorship. Without them, there remains only a blank sticker on a motorcycle, car or uniform and no contact with the public, no emotional connection, no impact on the bottom line. Then how do you do it? It certainly won’t be the teams or the athletes who will help you leverage sponsorship and enjoy the many marketing rights you have paid for. To bring out the best in a sports marketing project you need an agency that knows how to use sponsorship to engage the fanbase on the Web, to reach out to Shopping Centers, to organize hospitality, to develop B2B and B2C opportunities, and to get “your” athletes in front of millions of potential consumers.
Would you ever go to the dealer who sold you the car and ask if the competitor’s car is better? No, of course. So, how do you expect to get firm measurements of the effectiveness of your sponsorship if you do not rely on someone super partes? At RTR, we have always worked with independent third-party agencies that allow us to know the return on any exposure of your brand on TV and in the media. In addition, we believe in calculating ROI as the ultimate measure of your success-so we can tell you for every penny you spend how much you are making.
We have been involved in sports sponsorship and sports marketing for more than 15 years. We are consultants in the sense that our goal is to maximize your investment, but we are also an agency that manages the project from start to finish. We have been doing this since 1995 with passion and professionalism, following three principles that have become cornerstones of our business: independence, verticality and transparency.
I would like to highlight the fact that one of the qualities of RTR is its great ability to approach the sponsorship scenario strategically, together with its passionate attitude, its amazing enthusiasm for solving problems, and its high level of professionalism.
Gianluca Degliesposti
Executive Director Server&Storage EMEA
Eurosport is truly delighted with its business relationship with Riccardo Tafà, who has become extremely popular, thanks to his detailed knowledge of the sports marketing sector and his highly diligent attitude to work.
Francois Ribeiro
Commercial Director
Passion and Expertise are the features that I have found in RTR since the very beginning. Serious and reliable professionals but also very helpful, nice and open-mind people, willing to listen and compare different ideas. All the values in which RTR believes make this agency a partner, not just a supplier, a partner with whom we have had the opportunity to achieve significant commercial results in term of success and image.
Luca Pacitto
Head of Communication
We have been working with RTR Sports Marketing for over 10 years. The objectives and the programmes of collaboration continue to be renewed and to grow with mutual satisfaction. I believe RTR is a team of great professionals led by Riccardo Tafà, who I consider a manager of exceptional skills and with a great passion for his work.
Lucio Cecchinello
Team Principal
I have known and worked with Riccardo Tafà since 1995 when we collaborated for the first time on a project for the Williams Formula 1 team. Several clients followed. After leaving Williams to work for Gerhard Berger then owner of the Toro Rosso F1 Team, I turned again to Riccardo to seek his help in finding a tool supplier for the team and Riccardo duly obliged with an introduction to USAG, a partnership with Toro Rosso which endured for five years. I recently started a new role as Group Commercial Director for the renowned Andretti Autosport organisation and I find myself working with Riccardo once again on a number of interesting projects. Why has this relationship with Riccardo endured ? He’s smart, knows the commercial side of sport inside out and back to front and he’s honest and trustworthy. Riccardo Tafà is a “doer” not a “talker”: in over 20 years I have never had a dispute either with him or with a company that he has introduced and each partnership introduced by Riccardo has delivered quantifiable ROI to rights holder and sponsor alike. I can think of no better testimonial of Riccardo’s diligence, knowledge, contact base and hard work than that.
Jim Wright
Group Commercial Director
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