How are sponsorships brokered at SponsorRacing.com?
SponsorRacing.com is designed as a forum connecting Buyers and Sellers and an arranger of successful sponsorship relationships. Accordingly, Sponsor Racing collects a brokerage fee on each sponsorship placed and arranged through SponsorRacing.com. Currently, the brokerage fee for new sponsorships is 15% of the value of the sponsorship. The brokerage fee on subsequent renewals is 10% of the value of the sponsorship. This brokerage fee is collected from the purchase price paid by the Buyer to Sponsor Racing. Sponsor Racing will deduct its brokerage fee and any associated transaction fees for the transfer of funds from the amount received from the Buyer. Sponsor Racing will then transfer the remaining balance to the Seller.
