Formula 1 Sponsors

Hi mates! We launched yesterday sponsors for Formula 1 teams and most of you got the first offers today. In this news we would like to tell you more about those offers.

First i want to remind you that every team can have 6 sponsors. One head sponsor, two season sponsors and three short time sponsors. Short time sponsors are with your team only 3 weeks. You will get about 40% of your sponsors income from head sponsor, other 40% comes from 2 season sponsors and rest 20% comes from 3 short time sponsors.

How to get sponsor offers? You need to go to the Manage Team page and change commercial department task to the "Search Sponsors". After this you will receive next day sponsor offers. Search Sponsors task helps you to find new sponsors if you have rejected some of offers. It's also needed when you try to negotiate better offers with sponsors.

What to do with current offers? You have three options what to do if you are team manager. You can accept and then the sponsor is signed and will be with the team on the next season. Team manager can also reject offer and try search new ones on the next day. The third option is to negotiate with the sponsor. If you decide to negotiate then team will get new offer from the same sponsor on the next day. You can negotiate with sponsors every day and at the begin offers will grow up but later after you have made negotiations too long then sponsors will start giving you worse offers than previous offers have been. To negotiate your commercial department task bust be "Search Sponsors".

What kind of things effects to the sponsor offer? One of the biggest things is Commercial department which consists of the headquarters level and employees who are working at there so mainly PR-managers. Also team rating, team popularity, team image and drivers have their effects to the offers.

When the sponsors should be selected? We want that sponsors will be selected on the last day of season or before of it. Because all offers will be canceled automatically at the begining of new season. Also current sponsor offers will be removed after 3 days if there haven't been actions with them so no new negotiations.

What happens if i reject sponsor offers? Then your all negotiation progress dissappears and you start from the scratch. Your season sponsor offers will come from new companies but head sponsor is always same. Of course it doesn't matter what is the name of the company because offers are totally new.

That's all mates! I recommend to follow topic "F1 MRC" on the forum to find our reactions of other managers! :)