It is absolutely beyond me how any sponsor today justifies the sponsorship cost in a major racing series against the return. In 1983, for instance, my Wrangler budget included $800,000 to sponsor Bud Moore for a full Winston Cup season with Dale Earnhardt, who was being paid about $125,000 for a personal services contract. A dollar here and a dollar there and we were spending a million dollars on the Cup sponsorship to owner and driver. Our entire ad budget that year was approximately $17 million. We were spending about 3 times the Cup sponsorship on advertising and promoting the sponsorship, which took it up to $4 million. That didn't include customer tickets, suites, Busch Series sponsorships to Robert Gee and Ed Whittaker. The entire cost of our Richmond Cup race sponsorship was being paid by Cluett-Peabody Co., owner of the Sanforized and SanforSet processes to keep denim from shrinking and wrinkling. Throw in travel, etc. and we were spending probably $5-$6 million for a total program... about 35% of our ad budget. We had full grandstands and wonderful blind customer survey numbers. I guess a minimum figure today would be $20-30 million just to get your feet wet. Back then, we had full car sponsorship, no associates, for the entire season. Again, I don't understand how a company can justify it.
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"Any Day is Good for Stock Car Racing"