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Common in auto racing, contingency sponsorship is a form of sponsorship whereby race teams place company decals on their vehicles in exchange for awards for winning or meeting certain performance goals. [1] These awards can be monetary, or can include credits for free or discounted equipment. [2] Contingency decals on a NASCAR car
Honda HRC Castrol is the official factory team of the Honda Racing Corporation in the MotoGP class of Grand Prix motorcycle racing (World Championship road racing), formally backed by principal sponsor Repsol for 30 years until the end of 2024.
An example of Yokohama sponsorship in racing at a Nitro Rallycross event. Yokohama is the official tire supplier of the Super Formula Championship since 2016. [ 8 ] It was the official tire supplier of the Macau Grand Prix Formula 3 race from 1983 until 2019, with an exception in 2016, when Pirelli was chosen for the tire supplier that year. [ 9 ]
The National Association for Stock Car Auto Racing (NASCAR) makes and enforces numerous rules and regulations that transcend all racing series. NASCAR issues a different rule book for each racing series; however, rule books are published exclusively for NASCAR members and are not made available to the public. [ 1 ]
From the beginning of organised motor sport events, in the early 1900s, until the late 1960s, before commercial sponsorship liveries came into common use, vehicles competing in Formula One, sports car racing, touring car racing and other international auto racing competitions customarily painted their cars in standardised racing colours that indicated the nation of origin of the car or driver.
Michael Waltrip Racing began racing in the Winston Cup Series in 2002, making its debut at the 2002 Aaron's 499. The car was the No. 98 Aaron's Chevrolet Monte Carlo driven by Kenny Wallace. Wallace qualified 27th and finished 21st. Following that first race, Waltrip sold the No. 98 and its owner points to Innovative Motorsports.
Pay drivers were controversial in stock car racing if payments failed; an example would be in 2015, when Kyle Busch's Camping World Truck Series team, Kyle Busch Motorsports, sued former driver Justin Boston, a pay driver, and the sponsor for missed payments. [28] There has also been a long history of pay drivers in Australian touring car racing.
The SKY Racing Team VR46 is a motorcycle racing team owned by Valentino Rossi and based in Tavullia (Marche, Italy). The team enters Grand Prix motorcycle racing in the Moto2 category with Kalex chassis and previously in Moto3 category with KTM RC250GP motorcycles. The team manager is the former road racer Pablo Nieto.
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