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 December 2, 2018 | In MotoGP, Sport Sponsorship, Sports Marketing
It’s a risk that must be taken into account when sponsoring a sports star or an athlete: that they might, unfortunately, find themselves injured and out of the game – for a few weeks, an entire season, or even longer.
Of course, this can have a hugely negative impact on the visibility that they have on the track, court, field – or whichever arena it is that they’re reliably expected to be performing upon. Those sponsoring them are relying on them being present in order to ensure their brand’s coverage, so an injury can really throw off a sports sponsorship campaign – one that has potentially had a huge amount of time and money invested into it.
So, what factors do we need to weigh up when it comes to injuries and sports sponsorship?
Many of the biggest sports stars are as influential outside the pitch/court/track/as they are on it, so if you’re sponsoring an athlete it’s likely to be a good business decision to leverage part of your campaign towards activities outside of these arenas – whether that’s as a brand champion, in TV advertising, or in campaigns across social media. Ensuring that your sponsorship campaign includes more than a name or logo on a sweater, and instead utilizes every avenue possible for exposure, means that if your chosen athlete does injure themselves you have other avenues to explore to ensure your campaign can still be a success.
A benefit to this approach is that with injury, unlike with scandal or misbehavior, your sponsored athlete is very unlikely to lose their reputation – so their fanbase (and those you’re hoping will respond well to your sponsorship) will continue to support them whether they’re playing every week or not. After all, popularity and reputation can be just as powerful a tool as sporting success. Your challenge is ensuring that the alternatives that you put in place have as much exposure as possible. Strategic decision-making in order to guarantee results is needed in this case.
Of course, sponsoring an individual rather than a tournament or team presents more risk – the latter two options mean exposure is guaranteed in the event of any injury with an athlete this isn’t the case – and there is little you can do about this. The question you need to ask is whether the fanbase and influence of the athlete out ways the risk of them being injured. If the answer is yes, and your brand is able to leverage enough flexibility to still ensure ROI in the case of an injury, you have your answer.
What’s the easiest way to ensure that you can utilize the above options in your sports sponsorship campaign without conflict between yourself and the athlete’s managers?
The easiest way is to make sure there’ a clause written into your contract from the beginning, which guarantees a change in the assets available or the specifics of a campaign being flexible in the event of an injury.
To do this, it’s important to enlist the help of a team of sports sponsorship experts – those who can negotiate deals and contracts and advise on your behalf, especially if you don’t have a huge amount of experience in managing the legal side of such deals.
If you wish to have more information about sponsorships read Sponsorship Activation.
RTR Sports Marketing can help you with this – if you want to discuss options or learn more about sports sponsorship, get in contact with us today.
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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