Auto Manufacturer Sponsorship of Motorsports Continues to Influence New Vehicle Purchases
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ROCHESTER, MI--July 2, 2012: Foresight Research released more results from its 2012 Automotive Marketing Communications Study ©. Automotive research specialists, Foresight interviewed 7,851 new vehicle buyers in the US, finding:
- Overall, 16% of buyers who attended a racing event stated it significantly or completely influenced their vehicle purchase.
- One in five new vehicle buyers watched at least one race event on TV and one in twelve attended one or more races prior to purchasing their new vehicle.
- Audi, BMW, Chevrolet, Honda, Jeep and Mercedes Benz buyers reported the highest purchase influence from motorsports.
- A year over year decline in race attendee buyers visiting OEM / brand displays suggests vehicle manufacturers cut back at tracks.
- Motorsports sponsorship communicates brand reputation, fun to drive, sporty image and style, as well as price / value and fuel economy.
The 2012 Motorsports Sponsorship Report analyzes buyers who are influenced by racing during their vehicle shopping and purchase. It documents who views and attends race events. It provides detailed measures of what attendees do at a manufacturer display, what marketing messages they receive and the additional lift in consideration ride and drive opportunities provide. The data is reported by vehicle brand, segment, buyer demographics, loyal/conquest customers.