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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
The racing team was founded in 2007 when father Wim and son Reynier de Pundert bought two Formula Gloria tube framed single-seaters. [3] Reynier finished 8th in the amateur championship. [ 4 ] The team returned the following season with Reynier winning the championship while Wim run only a partial season. [ 5 ]
Martini Racing is the name under which various motor racing teams race when sponsored by the Italian company Martini & Rossi, a distillery that produces Martini vermouth in Turin. Martini's sponsorship program began in 1958 as Martini International Club, founded by Count Metello Rossi di Montelera of Martini & Rossi. [ 1 ]
The team currently competes in two disciplines of motorsport: motorcycle racing in the MotoGP World Championship and the Moto2 World Championship, and rallying in various rally raid events. It has also formerly competed in many auto racing championships, such as the Blancpain Endurance Series and the European Le Mans Series.
Furthermore, Morgan–McClure Motorsports shut down weeks shy of the 2008 Daytona 500 due to financial problems, but had agreed to let Mike Wallace drive in the 2008 Daytona 500 if sponsorship was found. Sponsorship was found, but Larry McClure said that he was tired of just sliding by and would come back when major sponsorship could be secured.
A poster from the press conference announcing Breeze Airways as the front-of-jersey sponsor of Rhode Island FC, the state's new pro soccer club, shows its harbor seal mascot, Chip, wearing its jersey.
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