This is the cost to become a Sponsor on Valentino Rossi's motorbike

This is the cost to become a Sponsor on Valentino Rossi's motorbike

MotoGP is one of the most popular sports which is a strategic place for promotion.In the last few seasons, MotoGP has been able to become one of the most sports in the future following increasingly lively and intense competition between the world's top racers.
The teams that competed in this event also matured in preparing technical matters to support the racers to appear competitive.

From the safety aspect, to the change in the appearance of the motorbike and the wear pack of the racers is an indication that the sport is becoming more strategic as a place for business.
This is increasingly welcomed, where racing teams in MotoGP itself require no expense to play to compete and develop their motorbikes.

In an interview with Crash.net in 2017, the owner of the Forward Racing team, Giovanni Cuzari, said that every year his team could spend 2.5 million euros (39 billion rupiah).
That's only in the Moto2 class. While in the MotoGP class, the numbers will be much higher.

To Bike Sport News, the head of the Pramac Racing team, Francesco Guidotti, even mentioned a fund of 4 million euros (Rp62 billion) only to rent four Ducati motorcycles in 2015 alone.
Not surprisingly, the flow of funds from sponsors is one of the resources for racing teams to be able to survive in the most prestigious motor racing event.

So, how much money does a company have to spend to put its name and logo on a motorcycle or MotoGP racer wearpack?
RTR Sponsor Marketing, an agency that focuses on sponsorships in the world of sports tries to provide answers with a counting program.

There are various choices that can be taken such as which racing team is desired, the duration of the contract, the logo size that is displayed, until certain facilities are obtained.
Of course, the program cannot provide a definitive answer to the cost of being a sponsor of the MotoGP team, but only an overview.

JUARA.net has also tested a number of options to know the range of costs incurred if you want to become a MotoGP racing team partner. The following results are obtained.
The minimum cost to display the logo on the motor racing team of the lower class in the MotoGP class is in the amount of 105 thousand euros (Rp1.6 billion) for the full season.

As for the board team that can move up and down the podium, the figure can swell 10 times to 1.05 million euros (Rp16 billion).

The amount of funds needed to become a title sponsor like Repsol on the Honda manufacturer team or Monster Energy on Yamaha is 12 million euros (Rp187 billion).In real life, these numbers can still change, especially if the team is strengthened by famous racers such as Valentino Rossi, Marc Marquez, or Jorge Lorenzo.

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