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Monday, March 24, 2008 5:13:28 PM
100 fold the investment? You sure it's not 73.2 times? Or .573 times?
The going rate at the time they announced their two primary sponsorships was $40,000 ($15K for the Daytona Race and $25K for the Talladega race).
Can you give me a feel for why you think they got $4,000,000 worth of exposure? (That's two Superbowl commercials, or there-abouts).
Track attendance at the 6 races so far has averaged a bit under 70,000. Actual number of people with pit passes, where the STP display is located, will be much smaller than that.
I watched my first race on TV last Saturday. I saw the #81 car twice. I'm pretty sure I could make out the big M for Mahindra on the hood. The rear quarterpanel Mahindra was not visible to me. I'm sure the STP tools logo was there, but even looking for it, I did not see it. The #81 car was on the screen for about 5 total seconds during the whole race, from what I saw.
Regards
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