Marketing
Facts
Motor
sports is the fastest growing spectator sport in the United States.
Spectators get excited watching 24 brightly colored cars racing
in close formation. They cheer for their choice to win.
They wear racing attire with logos, and most importantly, they
see your colors and logo on each lap! The typical racing
fan is male (78%), married (73%), 42 years old, a homeowner (81%),
owns more than three cars per household, and has an income in
the $35K-50K range.
Over
60 million fans attend motor sport events, with an additional
200 million TV viewers. Motor sports events enjoy wide coverage
from all three major networks, plus FOX, ESPN, ESPN2, NESN, Speedvision
and more. The percentage of sports viewers are household
watching motor sports is virtually tied with NFL football, and
higher than all other television sports programs, except NFL playoffs,
and college bowl games.
Most
sports marketing programs have a fixed price tag and do not offer
much flexibility. A well-planned, integrated motor sports
marketing program can be designed to fit within any budget.
Motor sports marketing programs are extremely flexible and can
be developed to achieve specific business goals and objectives.
The
percentage of fans that would be frequently choose a product involved
with a race team is as follows:
|
Olympic
Fans
|
28%
|
|
MLB
Fans
|
36%
|
|
NBA
Fans
|
38%
|
|
Motor
Sports Fans
|
71%
|
For
sponsors, racing is their entree into new markets, introduction
to new consumers, a way to reinforce links to existing customers,
and a way to entertain key trade clients in a highly charged,
exciting atmosphere.
Motor
sports is a dynamic, cost efficient solution that generates maximum
results and return on investment. An integrated motor sports-marketing
plan, with specific goals and objectives, has proven to be one
of the most effective ways to reach consumers. Hundreds
of major corporations, including several Fortune 500 companies
have made motor sports a part of their marketing strategy.
Recent
statistics have shown that motor sports fans are affluent, educated,
upscale, brand loyal consumers. Three out of four fans testify
that they conscientiously purchase the products and services of
businesses involved in motor sports.