
Team / Driver sponsors question
#1
Posted 23 January 2010 - 03:14
Why does it seem more difficult for teams to find sponsors but we have pay drivers who bring sponsors with them?
I know nationalism and marketing are the main reasons but I still find it hard to understand why some companies prefer to sponsor a driver and whichever team he goes to instead of sponsoring a team with no drivers attached.
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#2
Posted 23 January 2010 - 03:45
#3
Posted 23 January 2010 - 04:03
#4
Posted 23 January 2010 - 04:09
#5
Posted 24 January 2010 - 23:51
Can a pay driver lose his sponsorship mid-season if his performance leaves much to be desired?
#6
Posted 24 January 2010 - 23:53
Can a pay driver lose his sponsorship mid-season if his performance leaves much to be desired?
Yes, it's happened many times and then he also loses his drive with the team.
Edit: From Tarso Marques' wikipeida page (to name one driver that comes to mind):
In 1996, he started racing for Minardi in Formula One, competing with various drivers for the seat over the following two years, including Giancarlo Fisichella, Jarno Trulli and Pedro Lamy. Minardi's financial situation demanded that drivers with strong sponsorship were generally favoured, and there were several driver changes in the team at that time.
Marques returned to Formula One in 2001 to race alongside future World Champion Fernando Alonso in the Minardi team, newly purchased by Paul Stoddart. It was a difficult season for Marques, with the team's financial difficulties not always allowing equal equipment for both drivers. Marques was employed under the provision that another driver with more sponsorship money could replace him at any point in the season, and that prospect was realised towards the end of the year, when Minardi replaced Marques with Alex Yoong.
Edited by RedBaron, 24 January 2010 - 23:57.
#7
Posted 24 January 2010 - 23:55
Yes, it's happened many times and then he also loses his drive with the team.
And that leaves the team with a hole in their budget? Or does the sponsor continue supporting the team but with a different driver?
#8
Posted 25 January 2010 - 08:01
And that leaves the team with a hole in their budget? Or does the sponsor continue supporting the team but with a different driver?
All depends on what was in the sponsorship contract
#9
Posted 25 January 2010 - 09:54
With four new teams trying to secure a budget for a sustained presence on the grid, this was always going to happen.
#10
Posted 27 January 2010 - 20:36
On the other hand, if your father owns a large comapny and has an advertising budget to spend, enjoys motor sports and has a son with a license (step forward Pedro Diniz) I find it hard to see why the money would go as a associate sponsor to a top team and your "employee" may get a handful of testing miles when you can fund a lower ranking team get a bigger sticker on the side of the car and keep your customers happy in the PR enclosure, plus if your "employee" turns out to be the next Gerhard Berger shall we say whats to say someone else wouldn't want to pick up next years tab??
Plus some companies will back their own - Honda - Super Aguri - Sato - Ide - Yamamoto - disaster. Total - Peugeot - Sarrazann - Minassian etc victory. Others will try and back a driver they feel has what it takes to go all the way and then use him as a billboard in the future.
#11
Posted 28 January 2010 - 14:16
And that leaves the team with a hole in their budget? Or does the sponsor continue supporting the team but with a different driver?
It all depends of the contract. But usually the teams manage to convert that kind of sponsors into team sponsors. I remember PSN, an Argentinian network TV which was sponsoring Mazzacane at Minardi and specially at Prost. When Prost fired Mazzacane, the PSN logos stood. The same thing happened in 2002 when Yoong wasn't in the Minardi for a few races, they were still wearing those "GO KL" logos.