Make dreams come true
Sponsorship is the holy grail for Motorsport. We won't lie to you; it's a hard thing to gain. Here Banana Sponsorship gives you the tips you need to secure the funding to support your dream. Motorsport is undeniably an expensive pursuit, but with the right support, incredible dreams can be realised. By becoming an approved Banana Sponsor, you have the opportunity to make a real difference in the careers of aspiring racers. You can browse through our platform to find a Banana whose journey inspires you and send your sponsorship directly to them. Alternatively, you can take a bigger step by becoming an official Main Banana Sponsor. This involves contributing to our six-month sponsorship draw, helping to create broader opportunities for the entire community. Your support not only fuels their passion but also becomes part of their success story.
Showcasing Brand Values
By supporting a young driver, a business demonstrates its commitment to nurturing talent, promoting sportsmanship, and investing in the future. This strengthens the company's reputation as not solely profit-driven but genuinely cares about fostering potential.
Localised Marketing
With numerous regional events across the UK, sponsoring a youth driver ensures that a business's branding consistently reaches local audiences. Every time the young racer hits the track, it's the sponsor's logo that shines, leaving an indelible mark on spectators' memories.
Media Attention
The rise of a promising motorsport talent often garners media interest. Local newspapers, television broadcasts, and even national motorsport publications might pick up the story, amplifying the sponsor's visibility.
Networking Opportunities
Motorsport events bring together a mix of families, other businesses, and motorsport enthusiasts. Sponsors can leverage these gatherings for networking, forging invaluable partnerships or even gaining new clientele.
Affordability
Compared to other sports, youth motorsport sponsorship can be relatively cost-effective. Yet, the returns, in terms of brand visibility and goodwill, can be tremendous.
Developing Brand Loyalty
Today's youth are tomorrow's consumers. Engaging them at a young age through their passions — like motorsport — can pave the way for enduring brand loyalty.
A Message from an Accountant
If a business decides to sponsor a sports team or a sportsperson they can expect to benefit from the following for their business:
Publicity for their business through having their logo appear on equipment leading to improved brand awareness.
Publicity through media interest and images when covering the sport concerned and in programmes at events.
Potential attendance at sporting events leading to opportunities to network with other sponsors and for client entertainment purposes.
Accounting treatment
Payments for sponsorship are treated as a business overhead, similar to other advertising and promotional costs. As such, these costs are tax deductible meaning that the company can reduce its profits by the sponsorship amount and thus save Corporation Tax, which currently is 25%, with a reduced rate of 19% for companies with taxable profit below £50,000 each year (NOTE: Seek your own professional accounting advice).
Become part of something special
By becoming a Banana Sponsor, your brand can reach new levels