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 January 21, 2019 | In MotoGP, Sport Sponsorship
If you’ve decided to sponsor a sport (for example, MotoGP), and have gathered all the necessary information on teams and athletes, you might find yourself with one major question to answer – is it more beneficial to sponsor a team or an individual?
Here, we’ve weighed up the pros and cons of each approach. Hopefully, it’ll provide some assistance if you’re making this crucial sports sponsorship decision.
Choosing to sponsor a MotoGP team can give you the chance to do business with the company that the team is a direct emanation of – for example Honda, Yamaha, Ducati or Suzuki. These huge brands could then become your customers, allowing you to sell them your products or services.
Secondly, in terms of B2B opportunity, the team may also introduce your company and your brand to other partners involved in the same sponsorship program. And if sponsors loyalty and happiness are one of the goals, this could definitely be a strong benefit; being able to support a partner in doing business with other sponsors.
Other important benefits are the facilities, such as the company museum or the racing department, that the team is likely to have and which can be used by sponsors for PR activities, product launches and other promotional activities.
And then we have to consider the hospitality opportunities. Paddock passes, exclusive experiences and special services provided by the team to their sponsors are always part of a sports sponsorship package. If you’re looking for a way to offer your guests and your best customers an unforgettable weekend of competitions, sponsoring a team could be the right way. This can, of course, also have great B2B benefits.
Another great aspect about sponsoring a MotoGP team instead of the rider, is the stability that the team offers. The team is always there, you know who the top team are, that they have two riders and that they aim to win the Championship or to be on the top 3 or on the top 5 etc. Riders, on the other hand, might suffer from injury and therefore are forced to be out for a couple of races or even more, or have a bad season that can then affect your visibility, or switch team and the new one already has a partner with the same business as yours. All these events can affect your sponsorship program and sometimes it can also happen that you are forced to end the deal. On the contrary, teams have greater stability and can, therefore, give you the opportunity to plan long-term MotoGP sponsorship implementation activities with fewer risk factors.
After having read the first part of this article, it might seem like sponsoring a team is always the best options – but of course, this might not be the case.
Just think about the immediate relationship that exists (for brands to leverage) between an athlete and his/her fanbase; the emotional bond that comes with a rider-based MotoGP sponsorship campaign might be very effective.
MotoGP fans are likely to feel a greater affinity with a rider than with their team, and the athlete in questions is likely to have the charisma, and the fame that your potential customers immediately recognize. After all, when visiting a track a guest is much more likely to try to take a picture with a MotoGP rider – probably settling for a snap with a bike only when the rider is not available.
Now, let’s talk about budgets. If you have a large budget to invest in a MotoGP sponsorship campaign, by sponsoring a team you may be able to use the images of the bikes while racing and the riders in action for a few days. The rider will have to wear the team uniform and can use them in your communication activities. Be aware that personal endorsements (for example, “Valentino Rossi wins with X brand”) is not allowed – for this kind of deals, you always need the direct contract with the athlete in question.
In some cases, the sponsor, in addition to sponsoring the team, also decides to get a deal even with the rider. These operations are quite common; an example to mention is the partnership between Fastweb and Valentino Rossi or Marc Marquez with Gas Jeans.
A careful use of the VIP Village passes could also be a good instrument to add to a MotoGP rider sponsorship – trying to amplify your hospitality operations- You can organize a special event for some selected guest, a sort of a meet and greet with the rider; it will definitely be a hugely beneficial activation in your sports sponsorship campaign.
If you’re in the fortunate position of being able to activate both options that’s great. If not, start by looking at the budget and your hospitality needs. From this point, you‘ll find the solutions that can give you the best results.
If you want to speak more about MotoGP sponsorship please don’t hesitate to contact us at info@rtrsports.com
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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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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