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 March 12, 2024 | In Formula 1, Sponsorizzazioni Sportive, Sports Marketing
Motorsport sponsorship, particularly of high-profile disciplines such as Formula 1, MotoGP, Formula E, the World Endurance Championship (WEC) and the World Superbike Championship (WSBK), offers a unique and attractive opportunity for B2B companies looking to increase their sales and overall brand visibility.
These championships not only offer the thrill and excitement typical of motor sports, but are above all powerful platforms for companies that want to engage their customers on an emotional level as well.
Motorsports brings values of innovation, reliability, high technology, performance just to name a few that are also characteristic of many companies operating in B2B. This affinity and sharing of values empowers partner companies to promote their brands, products and services consistently. In many cases, partners’ products are used by the teams, thus contributing in a factual way to the teams’ business, and in a world where every penny counts and people are always looking for a competitive advantage, both on the track and in general management, the adoption of a product stands for its validity. In fact there is an endorsement that comes not from mere brand exposure but from direct use by the teams; communication is enhanced by the authenticity of the partnership.
Here’s in detail why collaborating with these motorsports disciplines can be particularly beneficial for B2B companies:
Motor sports such as Formula 1 and MotoGP enjoy a global audience, with races held in various countries throughout the year. This international footprint gives sponsors unprecedented exposure, allowing B2B companies to present their brands to a global audience.
The vastness of this exposure can significantly increase brand awareness and prestige, which are also key points for companies operating in the B2B sector.
This topic may certainly seem more appropriate for B2C operations, but it should not be forgotten that with visibility and notoriety also comes authority.
The audience for these sports is diverse and includes a high concentration of corporate decision makers and high net worth individuals.
This makes them an ideal platform for B2B companies that wish to target their marketing efforts at a demographic that is difficult to reach through traditional marketing channels.
Engaging in motor sports sponsorship also allows for more direct and personal networking opportunities with potential customers and business partners who participate in these events.
Motor sports, particularly Formula 1 and Formula E and the WEC are at the forefront of technological innovation in automotive engineering and sustainability.
B2B companies involved in technology, components, sustainability solutions, software and services can take advantage of sponsorship opportunities to showcase their products. Demonstrating the effectiveness of one’s technology in the high-performance environment of these sports where even a hundredth of a second counts can serve as a testament to one’s ability to innovate.
Motorsports events are not only races, but also gatherings of leading figures from the commercial, automotive, technology and general business sectors. On the runway we have seen from Hollywood celebrities to major captains of industry such as Jeff Bezos, Elon Musk, Bill Gates, Jaki Elkann, etc. etc. This environment is ideal for networking and allows B2B companies to build valuable relationships with potential customers, suppliers and partners. Many deals and partnerships are struck in the paddocks and hospitality areas of racetracks around the world where the shared passion for the sport often becomes the ice braker between the parties.
The dynamic and visually appealing world of motor sports offers companies targeting other businesses interesting content to use in their marketing activities. Through storytelling, companies can align their brands with the values of determination, innovation, teamwork and success embodied in motorsport. This content can be used on various platforms, including social media, to engage audiences and create a more human brand image that they can relate to.
Again, there is an opportunity here for companies that contribute on a technical level to be able to tell about their products and how they contribute to the end result, some categories are by their nature meant to be less visible, I’m thinking for example of bearings, cables connecting all the electronic apparatus, Hi Tech equipment needed to produce the car and so on that while they are very important they live under the skin of the car and need to be told…well every category of motorsport provides that opportunity.
Being associated with prestigious motorsport events can boost employee morale and promote a sense of pride in the workplace.
Internal communication is as important as external communication. This internal benefit can translate into increased productivity and greater brand advocacy within the company.
The partnerships between Salesforce and Formula 1 and between Cognizant and Aston Martin represent strategic alliances that go beyond mere sponsorship.
They are emblematic of how B2B brands are leveraging high-profile sports platforms for deeper engagement and to showcase their technological prowess.
Salesforce and Formula 1: Salesforce’s sponsorship of Formula 1 is part of a broader strategy to engage partners across the technology ecosystem, including AWS, Zoom and Workday. This partnership allows Salesforce to showcase its CRM and cloud capabilities to a global audience, leveraging the worldwide popularity and visibility of Formula 1 to demonstrate how technology can improve the fan experience (eg #Driveroftheday powerd by Salesforce) and operational efficiency.
Cognizant and Aston Martin: Cognizant’s partnership with Aston Martin is a prime example of a B2B company diving into the world of sports to bring tangible technological advances. The partnership between Aston and Cognizant goes beyond branding, playing a key role in helping the team compete at the highest level of Formula 1 by leveraging its IT consulting and digital transformation services.
SentinelOne and Aston Martin, I quote here what was posted on their website sentilenone.com “Like racing, cybersecurity is constantly evolving. Today’s challenges have nothing to do with tomorrow’s. At SentinelOne, we provide companies with technology that thinks, learns and defends every attack, every second of every day. We believe it is important to be free from cyber threats, which is why we partner with the Aston Martin Cognizant Formula One™ Team. When you are free from threats, you have the freedom to focus on one thing: being on the cutting edge.”
In this statement is everything.
And what about DHL and Formula 1 , try typing the two words and you will come to a link that says: Formula 1 delivered by DHL, again there is no better endorsement than being able to state that for more than 20 years now DHL has been moving all the equipment and making it possible to hold the event as we know it, 24 times a year in 10 months.
The extraordinary B2B partnerships in motorsport demonstrate the power of strategic alliances between companies and the racing world. These operations are not just about placing the logo on cars, but often involve deep technological collaborations, shared innovation platforms, and extensive networking opportunities that benefit both parties involved.
The decision to sponsor a team or motorsport event should not be taken lightly. It requires a strategic approach to ensure that sponsorship is in line with the company’s marketing goals and customers. However, if done correctly, motorsport sponsorship can provide significant benefits, including global brand exposure, targeted networking opportunities, and the chance to showcase innovation and technology.
Ultimately, these benefits help strengthen brand presence and, more importantly, increase sales and business growth.
The growth of B2B brands featured in Formula 1 in the 2024 season shows that big brands have embraced the concept and underscores the importance and potential of collaboration between motorsport and B2B companies.
These partnerships often include elements such as:
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.
The online platform where you can discover the latest trends, strategies and insights from the exciting world of sports marketing.
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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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