IndyCar Series 2008 TV Exposure
According to research conducted by Joyce Julius & Associates, Inc. — which specializes in measuring sponsorships across all forms of media — Target’s name and/or logo was monitored for four hours, 31 minutes, five seconds (4:31:05), while the retail brand was also referenced verbally on 166 occasions during 2008 race telecasts appearing on ABC, ESPN, ESPN2 and ESPN Classic. One way Joyce Julius determines exposure value is by comparing the in-broadcast time and audio mentions garnered to the estimated cost of a commercial spot during the telecasts.
In-broadcast exposure accrued during ABC’s broadcast of the Indianapolis 500 last May, which incidentally was won by Dixon, accounted for 40.1% ($6.4 million) of Target’s finally tally. On average, the Series’ top-10 exposure earning team sponsors secured 53.2% of the year’s TV exposure from the Indy 500 coverage.
In comparison, Motorola, one of the main brands backing Danica Patrick, collected $6.9 million throughout 2008, with nearly 70% of its season-ending amount having originated from the Indianapolis 500 telecast.
Top Team Related Brand Exposure Results:
Rank / Brand |
Exposure Time | Verbal Mentions | Exposure Value | % From Indy 500 |
1) Target | 4:31:05 | 166 | $16,055,725 | 40.1% |
2) Motorola | 1:30:56 | 9 | 6,922,865 | 69.5% |
3) 7-Eleven | 1:16:29 | 36 | 4,736,105 | 46.1% |
4) GoDaddy.com | 0:49:37 | 0 | 4,735,120 | 77.4% |
5) McDonald's | 1:08:48 | 35 | 4,633,720 | 43.4% |
6) XM Sat. Radio | 0:51:32 | 0 | 4,423,530 | 76.2% |
7) Ethanol | 1:01:38 | 22 | 3,728,860 | 36.6% |
8) Mobil 1 | 1:01:26 | 0 | 3,072,435 | 32.3% |
9) AirTran | 0:27:17 | 0 | 2,945,510 | 78.9% |
10) Delphi | 0:33:35 | 31 | 2,907,015 | 56.6% |