Saturday, March 15, 2014

Verizon on the Horizon: Hoping for a Better Connection

Let’s hope Verizon does a better job raising the profile of IndyCar than previous partners.

Frankly, the bar is set pretty low for the communications giant. A look back at some of the other series sponsors from the Indy Racing League days to present:

Pep Boys: Manny Moe and Jack were to have been the title sponsors for the series for five years starting in 1998. They packed up their tool box after two. They promised, according to the series’ 1998 media guide, “strong advertising and promotional support” as well as a $1 million bonus for the championship-winning driver and owner as well as contributions to the purse for each race.

Northern Light: Replacing the Pep Boys was a search-engine company for the newfangled internet. We can only speculate how things might be today had the IRL been able to partner with Google instead. “Fastest cars. Fastest search.” Or something like that. Again, digging through the archives we find that the 2000 series media guide reports a five-year, $50 million agreement, including $1 million to the championship winner as well as $500,000 annually for driver awards in what was called the Northern Light Circle of Champions. The public search engine closed down in 2002, and Northern Light was bought out.
 
Izod: After the Northern Light clipper ship sank, it was a long wait before Izod came aboard, first as the official apparel sponsor starting in 2008, then as the series sponsor starting in 2010. In the beginning, Izod did some cool commercials – both TV and print - featuring the drivers. Some of the apparel was nice – if you could find it.

I liked the way Izod tapped into the heritage of the Indianapolis 500 with some nice T-shirts for Ray Harroun, Wilbur Shaw, A.J. Foyt, Bobby Unser and Mario Andretti, among others. On the other hand, a lot of the stuff was overpriced, in my opinion. $60 for a polo? Come on. Interest cooled, and Izod quietly packed its suitcase after the 2013 season.

Verizon: Like the others, this will be a multi-year deal, according to Friday’s news release. As with Izod, a specific dollar amount was not given, and also like Izod, Verizon started a business relationship with IndyCar at a lower tier (official wireless provider) before stepping up. Click here for more on the announcement.

Photo credit: Jeff Majeske. Sorry about the fence. Took this on Carb Day last year.

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