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 Silvia Schweiger| Posted June 27, 2024 | In Formula 1, Formula1, MotoGP
Formula 1, the pinnacle of motorsport, has long been synonymous with speed, innovation, and cutting-edge technology. In the past F1 was associated with speed, noise and the smell of petrol…However, in recent years, the sport has also made significant strides in sustainability. This evolution presents a unique opportunity for eco-conscious brands to align themselves with F1 teams, leveraging the sport’s global reach and commitment to environmental responsibility. This article explores how F1 teams are attracting eco-conscious sponsors and why these brands should consider investing in the sport.
F1’s journey towards sustainability began in earnest with the introduction of hybrid power units in 2014. These engines combine traditional internal combustion with electric power, significantly reducing fuel consumption and carbon emissions. The sport’s governing body, the FIA, has set ambitious targets, aiming for a net-zero carbon footprint by 2030
F1 boasts a massive global audience, with races broadcast in over 200 countries and attracting millions of viewers. By sponsoring an F1 team, eco-conscious brands can reach a diverse and engaged audience. This visibility is not just limited to race weekends; it extends to various media channels, including social media, where F1 teams have a robust presence.
F1 is at the forefront of technological innovation, continually pushing the boundaries of what is possible in automotive engineering. Brands that value innovation and technological advancement will find a natural fit in F1 sponsorship. The sport’s emphasis on sustainable technology, such as hybrid engines and synthetic fuels, aligns with the goals of eco-conscious companies
Sponsoring an F1 team can significantly enhance a brand’s CSR profile. As F1 intensifies its focus on sustainability, sponsors are expected to support and participate in these efforts. This can include investing in sustainable technologies, supporting community initiatives, and promoting environmental awareness. Brands that align with F1’s sustainability goals can enhance their reputation and demonstrate their commitment to environmental stewardship
F1 provides a unique platform for brands to engage with consumers in meaningful ways. Sponsors can leverage F1’s global events to educate fans about sustainability and their environmental initiatives.
For example, Heineken’s “When You Drive, Never Drink” campaign, promoted during F1 races, has successfully raised awareness about responsible drinking.
Aramco, a major partner of the Aston Martin F1 team, has been heavily involved in promoting sustainability within the sport. Aramco supports F1’s Girls on Track initiative, which provides career opportunities for young female drivers and promotes STEM education. The company also focuses on biodiversity protection through initiatives such as mangrove planting
AWS (Amazon Web Services) is another example of a sponsor leveraging its partnership with F1 to promote sustainability. AWS provides cloud computing infrastructure to enable remote operations, reducing the sport’s carbon footprint. Additionally, AWS develops machine learning and data analytics capabilities to support F1’s sustainability programs.
The future of F1 sponsorship looks promising for eco-conscious brands. As the sport continues to innovate and drive sustainability initiatives, the opportunities for meaningful and impactful partnerships will grow. Business can expect to benefit from enhanced visibility, improved brand reputation, and increased consumer engagement, obviously partnerships must be true and consistent with the companies entire way of operate
F1 teams are increasingly focusing on ethical sourcing and efficient resource usage. This includes everything from using recycled materials in car manufacturing to ensuring that team apparel and merchandise are produced sustainably. Sponsors can support these efforts by investing in sustainable supply chains and promoting responsible consumption
Waste reduction is another critical area where F1 teams are making strides. By implementing circular economy principles, teams are reducing waste and promoting the reuse and recycling of materials. Sponsors can collaborate with teams on these initiatives, supporting recycling programs and promoting sustainable product designs.
Sponsoring an F1 team offers eco-conscious brands a unique opportunity to align with a sport that is not only a global entertainment powerhouse but also a leader in sustainability and technological innovation. By investing in F1, brands can enhance their visibility, reputation, and consumer engagement while supporting meaningful environmental initiatives. As F1 continues to drive towards a net-zero future, the synergy between the sport and eco-conscious sponsors will only strengthen, creating a powerful platform for promoting sustainability on a global scale.
Contact RTR if you are interested in finding the perfect F1 partner for your company
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.
Associate Director, Executive Marketing and Commercial at RTR Sports Marketing, a London-based sports marketing company specializing in motorsport for over 25 years. Without sports, life is boring
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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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