The Importance Of Co-Branding In NASCAR

Decent Essays
In the 1960’s and 1970’s NASCAR begin to emerge in the southeast, in such states as Pennsylvania and Florida (Ferrell & Hartline, 2014). A mid central region of NASCAR would be ideal, since NASCAR built race car tracks in the majority of the states along the east coast. It would be wise for NASCAR to have a more centralized location, that is very popular. I would recommend Nashville as the identified location, due it being the capital of Tennessee and an area of tourist attraction.

One of the most popular sports in the world, is Auto racing (Lee, 2016). Partnerships and NASCAR co-branding could be very successful within the central Tennessee region. NASCAR has co-sponsorship and co- branding deals with popular sponsors such as coca-cola and Sunoco (Ferrell & Hartline, 2014). Nashville has a very large population that are sport lovers. Having a Nashville location would provide the opportunity for the business to create new customer loyalties.
…show more content…
Since Nashville is popular for country music, sponsorship deal examples will include partnerships from the country music industry. Partnerships could also include popular websites such as Travelocity and hotels.com, to promote the brand.

The name of the Nashville location would be NASCAR Central Regional Series or the Central Regional Series of NASCAR. NCRS will fit right in, alongside with other NASCAR events. Both new and loyal customers will view NASCAR as an added tourist attraction which becomes a “must see” to visitors of

Related Documents

  • Improved Essays

    Located only 25 miles from Nashville, the town of Thompson's Satation exists as an oasis from the nearby streets of downtown Nashville. The town's quiet character and small-town charm dwell in a world apart from the frenzied culture of the surrounding areas. The town serves, for many, as a great place to settle down and retire, raise a family, or just enjoy a peaceful life. Recreation Residents of Thompson's Station enjoy access to several parks anc community centers. The recreational needs of the town's residents are met through access to facilities, such as Thompson's Station's Heritage Park, the Bethesda Park and recreation center, the Burwood Community Center, or the YMCA Soccer Fields.…

    • 183 Words
    • 1 Pages
    Improved Essays
  • Great Essays

    The Calvin Knights football team has been undefeated since 1876. How is this spectacular feat possible? It has to do with the fact that Calvin does not actually have a football team. And I for one believe it should stay that way. Despite the many fans at Calvin who crave one of America’s favorite pastimes, Calvin has yet to assemble a team.…

    • 1245 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    Location- Charlotte, North Carolina Description of Area- The Charlotte Metropolitan area ranks 22nd largest in the US. Charlotte, North Carolina 's largest city and the seat of Mecklenburg County, is located in the southern part of the state near the South Carolina border. Charlotte is also home of the NFL Carolina Panthers, and the NBA Charlotte Hornets which play at the Bank of America Stadium and the Time Warner Cable Arena. Along with hundreds of restaurants and attraction throughout the Charlotte area. Accessibility-…

    • 702 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    Chick-fil-An additionally supports many kinds of athletic and community events. On a national level, Chick-fil-A promotes two critical college football games, the Chick-fil-A Kickoff Game and the Chick-fil-A Bowl. The sponsorships permits Chick-fil-A to put their name before a setting that is watched by millions nationwide who might be athletes themselves or just simply sports fans While Chick-fil-A's principle target market is families especially kids, their auxiliary target market is athletes, sports fans and active people.…

    • 76 Words
    • 1 Pages
    Decent Essays
  • Superior Essays

    People congregating around barbecue grills, drink a few cold ones, and talk strategy” (Servino). Being from the south myself, I can relate to this scenario. In the article, Ms. Servino brings to light the pros and cons of NASCAR as a sport. Servino shows the economic advantages and disadvantages along with the environmental impact backing them up with quotes and opinions of both sides. There are those who are staunch supporters of the sport…

    • 1223 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Dale Earnhardt Daytona International Speedway on February 18, 2001, It's the last lap and the lineup for the win is, 1st Michael Waltrip, 2d place Dale Earnhardt jr. and 3d Rusty Wallace. One racer did not cross the finish line of one of the biggest races of the year. It was a dark day on the track of daytona international speedway, Dale Earnhardt was the victim of a tragic car wreck on the track. “Earnhardt's death was officially pronounced at the Halifax Medical Center at 5:16 PM.”(earnhardtinvestigation.com).…

    • 685 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    What makes Tennessee so significant? Tennessee has interesting discoveries just waiting to be shared, such as finding out how Tennessee became a state, the reconstruction of this state, and what modern Tennessee is like now. This state has a lot of history that goes unnoticed by Tennesseans. So, how far will you go to unlocking some of its unknown history?…

    • 491 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    East Tennessee is very interesting to many people, many northerners often come and visit a lot because it’s very calm and very slow. But most of all they come for all of its historical landmarks in the region of upper East Tennessee and to learn about the historical figures that made this region of the country a place visitors would enjoy. Also, East Tennessee is known for its country music and bluegrass. This quote perfectly describes east Tennessee, “Take any path in East Tennessee. You’ll end up someplace memorable.”…

    • 554 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Reason why dirt track racing exciting “You may win some, you may lose some, you may wreck some” – Dale Earnhardt. He was one of the greatest race car drivers and was responsible for making the sport popular. He won many championships on asphalt tracks and was killed at Daytona Speedway February 21, 2001. Racing on asphalt and dirt tracks can be dangerous but also very fun to watch.…

    • 580 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Essay On Race Cars

    • 426 Words
    • 2 Pages

    One thing that surprised me about the car was that the car tires were filled with nitrogen gas instead of compressed air. Nitrogen is a colorless and odorless non-toxic gas used to reduce the temperature of the tire and increase its lifespan. In races, it may be able to keep tire pressure more constant and slow pressure loss without reacting to the tire and rim materials. Another thing that surprised me about the car was its design and build. What really caught my eye was that the inside of the body shell of the car.…

    • 426 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    The annual NCAA men's basketball tournament is still among the biggest draws on the sports calendar for sponsors looking to get in front of large audiences.” Even as TV ratings drop for some major U.S. sporting events. The National Collegiate Athletic Association's three-week tournament is the second-largest generator of national TV ad dollars among all U.S. sports' post-seasons, trailing only the NFL.” (Reuters) “More than 41 percent of all fans surveyed knew that Coca-Cola is the NCAA’s official soda, making it the NCAA’s most recognized partner for a second straight year. Coca-Cola in 2013 renewed its NCAA sponsorship, which began in 2002, with an 11-year deal.…

    • 134 Words
    • 1 Pages
    Decent Essays
  • Superior Essays

    Tennessee Essay

    • 1053 Words
    • 5 Pages

    Tennessee Tennessee is a state with moderate climates, rich cultural heritage, and a nice environment. It has warm summers and mild winters. While hiking on the Appalachian Trail you sit on a tall rocky mountain thinking all about the mountain’s history. It is a peaceful place for tourists. Tennessee had many historical events like the civil war on the battle of Shiloh.…

    • 1053 Words
    • 5 Pages
    Superior Essays
  • Great Essays

    In addition there are lots of sports related products, appeals to satisfy customers’…

    • 851 Words
    • 4 Pages
    Great Essays
  • Great Essays

    Krystal Marketing Plan

    • 1415 Words
    • 6 Pages

    The Krystal Company is a fast food restaurant company located primarily in the Southeastern United States. The Krystal Company started in 1932 in Chattanooga, Tennessee by Rody Davenport Jr. and J. Glenn Sherrill, is currently a subsidiary of the Argonne Capital Group (Our Story | Krystal Hamburgers, n.d.). Built around the Famous Krystal Hamburger which customers consume by the sackful, the company has expanded its menu to include made-to-order breakfast, breakfast sandwiches, Krystal Chiks, mini hot dogs, and a multitude of other distinctive products exclusive to Krystal (Our Story | Krystal Hamburgers, n.d.). The Krystal Company currently employs over 7,000 employees in approximately 360 locations (Our Story | Krystal Hamburgers, n.d.). The Krystal Company Chief Executive Officer is Omar Janjua, and the company headquarters is currently in Dunwoody, Georgia (The Krystal, 0001, August).…

    • 1415 Words
    • 6 Pages
    Great Essays
  • Great Essays

    Introduction Ferrari is a well-known manufacturer of Italian sports car based in Maranello, Italy. It was originally named Scuderia Ferrari and was founded by Enzo Ferrari in 1929 (Ferrari, 2014). Ferrari has enjoyed incomparable successes and has been acclaimed for its unceasing contributions in the Formula One racing history. The black prancing horse symbol on the Ferrari logo came from a well-respected World War I pilot named Francesco Baracca who had painted this symbol on his fighter plane.…

    • 2187 Words
    • 9 Pages
    Great Essays