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 rtr_admin| Posted April 9, 2018 | In MotoGP, Sports Marketing
One of the most frequently asked questions we receive at our e-mail address info@rtrsports.com is this: how much does it cost to sponsor MotoGP? Unfortunately it is the classic question which is very difficult to give an answer, if not very nebulous.
If we tell you that a MotoGP sponsorship package could cost anything between few tens of thousands of Euros and 15 million, we’re telling you the truth – but this answer is unlikely to be very useful to you in practical terms.
Any and each sports sponsorship package is different, and every one is based on the actual needs of the company – so if a company wants to explore this sector the first thing that it must do is to set clear marketing and commercial objectives.
Keep in mind that if you have a product/service widely used by the teams you can consider sponsorship in kind/barter operations
First, establish what you need, the process
It’s a good idea to get in touch with RTR Sports Marketing if you want advice on any aspect of this, or if you want to talk about sports marketing or sponsorship in general.
If you do this, the first step will consist of an initial conversation to tell us your marketing and commercial objectives and how you would like to go about them – whether or not you want to use MotoGP as a marketing tool, for example.
From then on it’s our job to give you all the instruments you need to reach those objectives, and even to surpass them.
Based on these indications and your budget, our Sports Marketing experts will be able to suggest the best teams for you to potentially work with. We’ll start our journey by checking that your business aligns with the most appropriate team, available to be sponsored. This is because most sports sponsorship deals benefit from an exclusivity in their sector, which prevent a company intervening if a competitor is already there.
Bear in mind that MotoGP sponsorship, unlike traditional advertising activities, offers you a myriad of opportunities that you have to consider when putting together your potential budget – there are multiple options here, meaning that, depending on your aims and the audience reach you want to achieve, you could either go in relatively low or very high.
For example, if part of the marketing rights you’ve bought as part of your package includes the chance to use the team’s corporate hospitality facilities, you will need to consider the cost of hotels and logistics for your guests. This also applies to the linked activities you’ll need as part of your sports sponsorship activation – such as promotions, competitions, and customer engagement.
After identifying the most appropriate teams for your sports sponsorship, we will study the various opportunities and will present you with the best possible package for your brand. We act as independent consultants so we can afford to always tell the truth – there’s no need for us to force the sale. The fact that we don’t have a limitation in terms of sports properties that we can offer is also a real advantage for all of those that work with us.
Only programs with a solid foundation stand the chance of being successful and lasting many years, and this is one of the key objectives for us at RTR Sports Marketing. Of course when this happens all parties benefit more deeply and in the longer term than they would in a “single shot”, shorter term, operation.
So, to quickly go back to our original question: a sponsorship in MotoGP is most likely to cost between 40,000 and 15 million Euros.
To get the best from our initial chat, it helps if you come to us with a certain amount of information to start with. It’d be helpful if you could tell us:
At RTR Sports Marketing we’d be delighted to help you to find the best solution for your sports marketing needs and to accompany you as you uncover all the possibilities that this area can offer. It’s a sector that can give you great satisfaction, as well as sound commercial and marketing results.
For your free consultancy please get in touch with us at info@rtrsports.com or call +44 (0) 2071939706
Interested in sports sponsorship in general, or want to learn more about MotoGP? Time for a chat!
PS: after umpteenth requests, we have, as far as possible, deepened the theme of the cost of sponsorships in MotoGP giving some answers that were correct at the time of publication and indicate the different levels of budget necessary to sponsor a team of MotoGP. Have a look at the following link
From official Supplier to Title sponsor, numbers revealed.
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.
The online platform where you can discover the latest trends, strategies and insights from the exciting world of sports marketing.
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Read MoreIn an era where it is possible to get anywhere with a click, there is a strong temptation to approach teams and properties directly for sponsorship projects.
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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