Sponsorship: A New Attitude
I'm just going to say it; I hate going after sponsors. I hate asking people for money, I hate asking friends to help me out and above all, I hate asking people for something that isn't even 'needed'. Racing, for me, is a hobby. This is fun, not work. I don't make a living off it, and don't expect I ever will. I race because I love it, and I've often felt like it's 'wrong' to go after sponsorship to do it. Let's face it, I'm not asking for money so I can afford food or rent. The problem, though, is I can't afford to race without sponsors...not many of us can. Warwick asked one of the competitors this year what his Targa budget was. "Well, I budgeted for $20,000", he said, "but I've spent $45,000."
Targa is not cheap.
One of the big questions Warwick and I have tossed back and forth is how we are going to make ourselves "marketable" to sponsors. We've discussed so many potential ideas I think we could write a book. We'd title it "Amazing - and Amazingly Horrible - Ways to Build Sponsorship Dollars." One of the biggest things I've always struggled with is how a 'grassroots' team can provide value for its sponsor's money. If you're not on the podium consistently, is there still value?
The other day a friend linked me to an artlcle on the American Le Mans Series website. Take the time to read the article in full...the impact it had on me cannot be matched by editing out sections.
CORVETTE RACING'S FEHAN: WHY WE DID WHAT WE DID
After watching Corvette Racing finish off a sweep of the American Le Mans Series' GT1 class on Saturday at Mazda Raceway Laguna Seca, GM Racing Program Doug Fehan explained the reasoning for fielding a two-car team in a class that more often than not provided no other competition. It was eye-opening and showed the passion GM has for the Corvette brand and the legions of its followers."When the season began, we weren't the only ones to realize that we could possibly go all season long without serious competition. You guys (the media) had a lot of questions about would we continue. Why were we doing this? How long can you last? What's management saying? Are you out of your mind? You're spending all this money racing yourselves. And most of those questions I got myself every time I walked into the RenCen (GM Renaissance Center). So I was pretty much the Lone Ranger there and was approached on a regular basis by upper management with those very questions. And I had a simple answer because I was confident in what would happen.
"At the end of the day, the object is to sell vehicles. And do that, you have to capture customers. I told them at the beginning of the season that if we went forward with this program - as we had laid it out and with no competition - and we saw a drop in sales, or a lack of enthusiasm or participation by our customers at any point during the year, then we could call it quits.
"You only have to look at the turnout we got each and every event this year. Our car count was up every place in our Corvette Corrals. Autograph lines were longer than they had ever been. Demand for the model cars, demand for posters, for clothing ... everything increased this year. And it opened some eyes and began to shed some light on the fact that at the end of the day, this is a marketing exercise. We bring these Corvettes to the race track for Corvette lovers to see, touch, smell, hear and be a part of this team. They love just seeing these cars. Would they love to have more competition? Absolutely. And do we hope it comes? Yes we do.
"But I can tell you what, as far as Corvette customers are concerned, they had one hell of a show this year and they were very, very pleased with it. And in turn, management saw the light and said, 'You know what, there is some truth to this.' People who buy Corvettes expect a couple of bucks out of each one of those sales to fund racing. They like seeing these cars and being a part of this team. So do I wish there competition? Hell yeah, I do. But at the end of the day, this is a hell of a marketing effort we've put together and we are going to continue with it."
Fehan's attitude on the incredible expense of the Corvette program really hit a chord with me. Chevy isn't dumping tonnes of money into the program because they like racing. They aren't dumping tonnes of money into the program to develop improvements to the street corvettes. They aren't even dumping money into the program for the prestige of winning (hard to have prestige when you race yourself). No, Chevy is dumping money into the program because it sells product.
This article alone has crystalized my views and attitudes on sponsorship. I'm no longer concerned, or confused, on whether there is value for a company to sponsor a grassroots level team. In fact, I can honestly say I no longer fear the whole sponsorship problem. I have an angle, a very realistic angle, and it's no longer scary. Indeed, it's quite simple. I simply need to provide a compelling argument that sponsoring my Targa effort will sell more of a product or service. If I can do that, it's a no brainer.
-Dave



For Targa, cars are classed first into a 'Division', based age range.
There are two divisions, Classic and Modern. Within each division, they
are then further broken down into specific age ranges. Modern, for
instance, has Early, Late and Contemporary. Following this breakdown
cars are then placed into Standard or Modified, and then further
separated by small and large displacement engines. Above all of these
is a third division, officially known as "Open" division, but more
commonly called "Unlimited Class". For Unlimited, it doesn't matter
what year, or modification level the car is, anything goes. The last
thing I want to do is find myself in unlimited with crazy-horsepower
cars!


