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 November 10, 2024 | In Sponsorizzazioni Sportive, Sports Marketing
Entering the world of sports sponsorships, especially in motorsport, is a tremendous opportunity for brands, but one cannot expect to achieve maximum impact from the first year. Like anything complex, sponsorship requires a learning curve, a gradual process of learning how to make the most of the benefits, fine-tune marketing activities, and prioritize the actions to be implemented. This learning curve can be shortened if you rely, in case there is no in-house expertise in the company , on a consultant or external agency to facilitate the whole operation. In any case, it is an inevitable, but fundamental process to ensure that every euro invested brings maximum return and that the partnership grows over time. In this article, we will explore the dynamics of the learning curve for new sponsors in motorsports, identifying strategies to develop a valuable and sustainable presence over the long term. We hope it will be helpful in giving thought to new sponsors interested in maximizing the impact of their sponsorships.
The learning curve is a well-known concept in many fields, and it applies perfectly to the world of sports sponsorship as well. It means that new sponsors must go through a learning phase during which they understand how the dynamics of motorsport work, what benefits are best suited for their brand, and how to activate them most effectively. Getting into sponsorship is not a plug-and-play operation; it takes time and adaptation to achieve significant results. A study published in the International Journal of Sports Marketing & Sponsorship found that brands that take an incremental approach, starting with simpler, more targeted activations, tend to achieve better results than those who try to do “everything and everything now.” This is because understanding engagement mechanisms and building a relationship with audiences takes time and experimentation.
The first year of a sponsorship is often a period of experimentation and learning. This is where sponsors must clearly define their expectations and goals, establish realistic KPIs, and develop a strategy to measure success. Try to take advantage of all the benefits and all opportunities at once can lead to a scattering of resources and a lack of focus. A common example is the use of branding on cars. While having your logo prominently displayed on race cars is a relevant benefit in terms of visibility, it is important to understand that this is only one element of a larger strategy. In the first year, it may be more effective to focus on activations that actively engage the audience, such as sweepstakes, VIP experiences, or exclusive social media content, which help create a stronger emotional connection to the brand.
Not all benefits offered by sponsorships are of equal value to every brand. For some sponsors, VIP access to the paddock may be the most valuable element, as it provides opportunities for networking and B2B relationship building. For others, however, TV exposure or digital engagement might be more important. When you have clear objectives you buy better, sponsorship packages are custom built, and knowing what you want to do prevents us from buying marketing benefits/rights that we may not use, focusing instead on what is most useful to us.
When the program is active, the key is to fine tune activations, selecting those that have the greatest impact relative to the brand objectives. Sponsors who devote time and resources to analyzing data from initial activations and adjust their strategies based on the results generally succeed in improving their ROI in subsequent years. Therefore, it is not only important to activate the marketing rights you have, but also to constantly evaluate their performance to make continuous improvements.
One of the most common mistakes new sponsors make is trying to gain visibility on all fronts without a clear strategy. This “spray and pray” approach often leads to disappointing results and a lack of tangible impact. Sponsorship should be viewed as a strategic partnership, where success is measured not only by visibility, but also in terms of engagement, retention and value creation for the audience. Another frequent mistake is to underestimate the importance of personalizing activations.
Activations that succeed in engaging the audience in a personal and authentic way are those that generate the best results in terms of brand recall and brand loyalty. This means that instead of replicating standard activations, it is critical to develop experiences that are relevant to the brand’s specific target audience.
Motorsport is a dynamic environment where conditions change rapidly and where constant adaptation is necessary. The most successful sponsors are those who see sponsorship as a journey, not a destination. This means being ready to evolve, to learn from their results, and to adjust their strategy accordingly. A successful example is Red Bull, which started in racing with small sponsorships and then became one of the most recognizable brands in motorsport globally. Red Bull has been able to take advantage of the learning curve, continually adapting its activations and expanding its involvement as its knowledge of the public and the dynamics of motorsport grew. Another winning strategy is to invest in activations that create meaningful experiences for fans.
For example, organizing exclusive events during race weekends or interactive social media activities to engage the public even off the track.
The key is to build a gradual engagement path that allows fans to feel part of something bigger, thus developing a lasting relationship with the brand.
Sports sponsorship, especially in motorsports, offers tremendous opportunities, but it requires time, strategy and adaptation. Accepting that the first year is a period of exploration and fine-tuning, in which the foundation for a long-term partnership is laid, is very important. Trying to do everything right away can lead to disappointing results and a less satisfying experience for both sponsor and audience. Instead, a gradual approach that prioritizes learning and adaptation allows for the development of a solid, long-term presence that maximizes brand impact and creates an authentic connection with the audience. Every activation, every event, every action must be seen as a piece of a larger mosaic, which builds over time and requires constant care and attention. For CMOs and marketers interested in entering the world of motorsports sponsorship, the advice is simple: start with clear goals, define your priorities, and remember that each step is part of a path of growth.
Sponsorship is a marathon, not a sprint, and the ability to adapt and learn will make the difference between an investment that runs out and a partnership that thrives over the years. Overall, investing time to understand the learning curve and adapt your strategy accordingly is a crucial element for any new sponsor. It is not just about gaining visibility, but building a deep and meaningful interaction with fans, a relationship that, over time, can turn into brand loyalty and, more importantly, tangible returns for the company.
The importance of personalization, gradualness and continuous adaptation cannot be underestimated: these are the pillars for successful sponsorship in motorsport.
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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