HOW TO DO IT -The market of Repsol is based in Spain in Portugal -Repsol is spending 15MM a year in the partnership of Repsol Honda HRC -They are partnershiping the Dakar Rally,the Spanish Speed Championship, and other minor motorsports, an acrobatic spanish flying team, also taking part in the financial aid program to olympics.
HOW TO DO IT -The whole budget of HRT is 50MM a year, repsol can even BUY the team. -Spanish team in F1, with spanish partnership, based in Spain. -Total right to choose the drivers for comercial criteria.
WHY TO DO IT? -Forget about the problems with YPF -Reinforce the spanish image of Repsol
WHY TO DO IT? - -Cost -World campaign for a local brand -Possible bad image + -Image -Merchandising -Free minutes in TV -Powerful image all over the world -Nationalism
WHAT WILL CHANGE? -Huge impact in the media -Raise of the popularity of the brand -Gifts related to the team -Repsol will be seen as a high- tech brand -Fans of motorcycling can be dissapointed -Easy marketing plan
BIBLIOGRAPHY http://www.repsol.com/es_en/http://www.repsol.com/es_en/ A lot of corporative information. Useful, and in english www.cincodias.comwww.cincodias.com Economic newspaper, only in spanish, where is easy to know about the real situation of the company www.thef1.comwww.thef1.com News and info about f1, useful to know the budgets of the teams