How should you charge for sponsership on your race car?

Answer 1

When determining sponsorship fees for your race car, consider factors such as your team's visibility, fan engagement, and the reach of your marketing efforts. Analyze your audience Demographics, the racing series' popularity, and potential media exposure to establish appropriate pricing tiers. Additionally, offer various sponsorship packages that cater to different budgets, including options for logo placement, social media promotions, and race-day experiences. Finally, ensure you highlight the value and return on investment sponsors can expect from partnering with your team.