Menu
Marketing and Sponsorship

Target To Cut Number Of IndyCar Sponsorships In Bid To Focus More On Drivers

Target for its Chip Ganassi Racing deal "will go from two sponsored IndyCar entries to just one in 2015 as the retailer shifts spending to promoting its drivers," according to Jenna Fryer of the AP. Target in the Verizon IndyCar Series will now solely sponsor Scott Dixon's No. 9 car. It also sponsors Kyle Larson, who "just wrapped up NASCAR's top rookie honors in the Sprint Cup Series." Target VP/Experiential Marketing & Alliances Dan Griffis: "We are just reallocating dollars, there's no difference in anything else. I would put our investment in racing as the only full-time sponsor in both IndyCar and NASCAR, against any other sponsor in the sport." Ganassi and Target this year celebrated their 25th anniversary, but as the retailer "increased spending on the sponsorship of cars, it got away from the popular commercials it produced" in the '90s starring Jimmy Vasser, Alex Zanardi, Juan Pablo Montoya plus an "occasional cameo" by team Owner Chip Ganassi. Target "will now try to recapture some of that buzz in new marketing strategies that will debut next year and feature Dixon and Larson." Griffis said that the two drivers "will not appear together in any broadcast spots, but each ad will have different versions." Ganassi "is in the process of revealing his 2015 driver lineups over the course of this month." Tony Kanaan "is expected to return to the No. 10 car in IndyCar, just with sponsorship other than Target" (AP, 12/9).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2014/12/10/Marketing-and-Sponsorship/Target.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2014/12/10/Marketing-and-Sponsorship/Target.aspx

CLOSE