![]() |
Originally Posted by 21eagle
(Post 4616379)
Just curious what your experience is? I know the other two guys are actively involved, honest question I'm assuming you are or have been part of a racing team?
|
Originally Posted by TeamSaris
(Post 4616177)
Make a bet on that?
|
Originally Posted by jusabum
(Post 4616374)
I'm not interested in delivering a full education on this subject, but if structured properly, It is designed to have "sponsors" and entry fee's and etc....a racer DOES NOT make money in this sport.....this isn't NASCAR, and never will be. The sponsors and racers don't/shouldnt look for an overnight return, they do it for the sport, for Branding and long term. Think Geico, Home Depot, Stihl, Etc... It's ONLY difficult if you make it that way.
Done right, racers pay entry fee, they win money and prize, and its all over TV, and etc.... How do YOU suppose you get sponsors into a sport with NO captive audience and a limited fan base(at best)? Please explain. I know why GEICO and STIHL(personal corporate connections) were in the sport and GEICO seems to be the only one able to capitalize on the investment through boat shows and lead generation from those. But I seemed to miss any other major(or even mediocre) sponsors jumping at the opportunity. I defer to you on how, exactly, you think it should happen. |
Originally Posted by jusabum
(Post 4616374)
I'm not interested in delivering a full education on this subject, but if structured properly, It is designed to have "sponsors" and entry fee's and etc....a racer DOES NOT make money in this sport.....this isn't NASCAR, and never will be. The sponsors and racers don't/shouldnt look for an overnight return, they do it for the sport, for Branding and long term. Think Geico, Home Depot, Stihl, Etc... It's ONLY difficult if you make it that way.
Done right, racers pay entry fee, they win money and prize, and its all over TV, and etc.... Geico has been the exception to the typical sponsorship role. Fact is the "sport" is dying, the type of boating is dying so the bean counters simply look at it as bad investments for the ad/sponsorship dollars. Here is an article regarding organizing a powerboat race from cash to marine life protection: https://www.palmbeachpost.com/news/p...lpMi4yF9ChIBI/ They had a race, however it was a "one and done" event. I attended (spectator from the beach) but I wondered how many people would have been at the beach that day anyway (it was a nice day). They had a VIP area on a pier which charged admission but the rest of the beach was free (hard to provide anything for free and make money). |
Originally Posted by Jupiter Sunsation
(Post 4616477)
(hard to provide anything for free and make money).
|
Originally Posted by Cash Bar
(Post 4616471)
Okay, I'll bite.
I defer to you on how, exactly, you think it should happen. |
[QUOTE )
Fact is the "sport" is dying, the type of boating is dying so the bean counters simply look at it as bad investments for the ad/sponsorship dollars. Unfortunatly it does appear that way BUMMER |
Originally Posted by jusabum
(Post 4616483)
Don't tell Google that.
|
Powerboat racing had its heyday when the teams were self-supporting although a bit illegal. Who today can bring the money that those associated with drugs could ?
"At one time, two-thirds of the people involved in offshore powerboat racing were directly or indirectly involved in drugs. You had guys running around there racing boats without any source of income - or at least not any source that was reportable. " In the 1980s, more than a dozen leaders of powerboat racing were convicted of drug charges and related crimes - John Crouse IMSA, the car racing group had a similar scenario and also filtered into CART with the Whittington, Lanier and others. |
Originally Posted by jusabum
(Post 4616486)
Nothing to bite on here, all I'm saying is it "can" be done, and I'll discuss it with interested parties privately, but not going to take a few hours to write it out. I will say, everybody is looking for the obvious, and its not there...never was. Sponsors come and go, and some day Geico is going to jump off too. Then what? And yes, the entire boat industry is shrinking and "aging" out, so it must be done to accommodate, not attract. I'm not pretending to be "the" rocket scientist here, I'm saying that I believe I have a better mouse trap. But this subject has been beaten to death over the years and everyone keeps trying to reinvent the wheel with this sport, completely missing the core point of what needs to be done. Bigger is not always better.
|
| All times are GMT -5. The time now is 08:11 PM. |
Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.