Masters Thesis: Motor sport and the image of a car brand. Stijn Vermeulen I160342 August 2007
Masters Thesis:
Motor sport and the image
of a car brand.
Stijn Vermeulen
I160342
August 2007
2
Acknowledgements
The realization of this work has been thanks to the assistance from my
parents, my sister, my uncles and aunts and my cousin. I also acknowledge
the invaluable input of my supervisor, Lieven Quintens. I would like to thank
anybody else who has enabled me to complete this thesis.
Th e imag e t h a t t h e pu b l i c g e t s i s wha t e v e r t h ey Th e imag e t h a t t h e pu b l i c g e t s i s wha t e v e r t h ey Th e imag e t h a t t h e pu b l i c g e t s i s wha t e v e r t h ey Th e imag e t h a t t h e pu b l i c g e t s i s wha t e v e r t h ey p e r c e i v e i t t o b e . E v e ryb ody hp e r c e i v e i t t o b e . E v e ryb ody hp e r c e i v e i t t o b e . E v e ryb ody hp e r c e i v e i t t o b e . E v e ryb ody h a s an o p in i on , a s an o p in i on , a s an o p in i on , a s an o p in i on , e v e ry body ha s t h e i r own v i s i on , s o I d on ' t kn ow wha t e v e ry body ha s t h e i r own v i s i on , s o I d on ' t kn ow wha t e v e ry body ha s t h e i r own v i s i on , s o I d on ' t kn ow wha t e v e ry body ha s t h e i r own v i s i on , s o I d on ' t kn ow wha t my pu b l i c imag e i s . I h av e n o i d e a . my pu b l i c imag e i s . I h av e n o i d e a . my pu b l i c imag e i s . I h av e n o i d e a . my pu b l i c imag e i s . I h av e n o i d e a .
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Executive Summary
This thesis sets out to investigate the effect of participation in motor sports on
the image of a company. The focus in this investigation lies on the effect for
companies that participate in Formula 1. The research looks at three different
items that can influence the image: brand fit, brand involvement and popularity
of the sport. Another factor investigates the moderating effect that the
influence of the image of the sport has on the three items under investigation.
These issues where investigated using an online questionnaire. The results
show that a correct brand fit and a high brand involvement are the issues that
will ensure a positive change on the image of a company. In addition,
companies need to choose a sport with a positive image in order to create an
image transfer regime that is positive for both parties.
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Table of contents
Acknowledgements..........................................................................................2
Executive Summary .........................................................................................3
Table of contents .............................................................................................4
Chapter 1 – Introduction ..................................................................................5
Chapter 2 – Literature Review .......................................................................10
Brand Loyalty..........................................................................................10
Brand Involvement and Brand Fit ...........................................................11
Sports Marketing.....................................................................................14
Towards a model of the perceived image of the brand Model ................17
Marketing in Motor sports .......................................................................21
Brand Fit and the Effect on Company Image..........................................23
Brand Involvement and the Effect on Company Image...........................25
Popularity of the Sport and the Effect on Company Image .....................26
Image of the Sport and the Effect on Company Image ...........................27
Model......................................................................................................30
Chapter 3 – Research Design........................................................................31
Chapter 4 – Results .......................................................................................36
Chapter 5 – Discussion..................................................................................42
Chapter 6 – Conclusion .................................................................................46
Bibliography ...................................................................................................48
Appendix I – Questionnaire............................................................................... I
Appendix II – Demographic Data .................................................................. VII
Appendix III – Factor Analysis and Reliability Test ......................................... X
Appendix IV – Paired Sample T-Test............................................................ XL
Appendix V – Regression Analysis ............................................................ XLIII
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Chapter 1 – Introduction
The topic of this thesis focuses on participation in sports by a company.
More in particularly, we take a close look at the partnership created through
sponsorship between a company and a participant on to the next level. Two
different types of sport marketing exists, the first deals with the marketing of a
sport, the second the marketing of a company via a sport. This second type of
sport marketing is the focus of this thesis. A further division of this type of
sport marketing can be made: the sponsoring of an event, and the sponsoring
of a team through participation. This is something that applies for almost every
sport. It could be a tennis racket for a tennis player, shoes for a runner,
swimming goggles for a swimmer, skis for a skier or, as will be the case for
this thesis, a car for a racing driver. This thesis will therefore look at the
advantage that a car company receives from participating in car racing.
Although at first sight both investment types (sponsoring and
participation) appear to be rather similar, participation is much more
expensive, but when a race is won, the possible marketing benefits will also
be much higher. Given the high competitive pressure in many of today’s
markets, this topic is therefore of increasing importance to the business world.
But, as already mentioned, this thesis, which is a type case, will focus on the
effect for a car manufacturer, although the results will probably be similar in
any sports field. The relationship between a manufacturer and the motor sport
it functions in is based on four pillars:
• Popularity of the sport
• Changing profile of the car manufacturer
• Changing profile of the car
• Entry barriers
Firstly, the popularity of the sport, car racing has been popular since
the creation of cars. Automobiles have been raced to see which one was the
fastest or the most reliable. Today, car racing is still a sport that offers
entertainment to people all around the world in many forms and ways such as
circuit racing, rallying, off road racing and drag racing. Although the
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preference of the audience might not always be the same all around the
world, one or more forms of racing are always popular. In Europe, for
example, Formula 1 and Rallying is popular, whereas in the United States
NASCAR and Indy car racing together with drag racing seem to have the
upper hand. This means that any car company can find a sport in which it can
participate and sponsor.
The second reason is linked to the changing profile of the car
manufacturer. During the last couple of years, car companies seem to have
different ideas about the effectiveness of motor racing. Not too long ago, the
three large Detroit car manufacturers (Ford, General Motors and Chrysler)
used “Win on Sunday, Sell on Monday” as a motto. Currently however, Ford,
which was one of the top three Detroit car manufacturers, for example, is
pulling out of most of the car racing fields in which it was present. At the same
time, however, Renault has become more involved in car racing through the
creation of the Renault World Series which features racing cars in many
different classes.
Another important cause is the change in the profile of the car itself.
Cars are becoming more and more a commodity in the current market. This
means that car companies have to compete on price which in turn reduces, or
in some instances takes it away completely, profits. Car racing at the top level
is a very expensive exercise and this thesis will therefore focus on the
questions if spending millions of euros is still a worthwhile investment for car
manufacturers or if this money could be put to better use within the company.
The last motive is the high entry barrier that manufacturers have when
entering into motor sports. Due to the high cost involved in motor sports, many
car companies only have one chance to be successful because they are only
present with a factory sponsored team in one form of motor racing. This is
completely different from other types of companies, for example Nike, who are
present in many different sports, but also present with many different
participants in each sport. In this way, the participation that companies like
Nike do resembles sponsoring very closely.
Keeping in mind the above factors, it is important for companies to
know how effective their presence in motor sport is. Because of the very
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limited information that exists and because of the importance for car
manufacturers, the thesis has the following research question:
How does the involvement of a car brand in motor sports affect
/influence customer’s brand perception of the brand in question?
To provide an answer to this question, the problem needs to be divided
into several, more researchable sub-questions. These sub-questions are the
basis for the upcoming hypotheses.
• How is motor sports defined by car manufacturers?
Car manufacturers probably have a slightly different definition of motor
sports than their customers have, to know their definition will help guiding the
research in the right direction so that the right questions are asked.
• What are the main differences between actively
participating and sponsoring?
The problem that needs to be solved here should take a step towards
answering the issue of why a manufacturer should chose for actively
participating instead of just sponsoring. The answer to this question should
give one a clearer view about the possible rewards in both forms of getting in
touch with the target audience.
• What are the important aspects of an image for a
brand?
To identify if motor sports has an effect on the image of a brand, one
needs to know what aspects of an image are important for a brand. If one
does not know these, it is impossible to research if motor sports have an
effect on the image of a brand. For example, do companies focus on quality,
luxury, comfort or the environment when they broadcast their image to
potential customers?
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• What is the perceived effect of sport on a brand’s
image?
Because very little literature exists on the specific effect of motor sports
on a car brand’s image, a broader view needs to be taken into account, that of
sport in general on a non-specific brand. This will help to see if there is an
effect and if this effect has changed for motor sports in recent times.
• What is the effect of not participating in sports for a
brand?
This question will take into account the effect on the image of a brand
when a company is not present in sports. While answering this question, the
focus will be on how this specifically affects brands that are not present in the
form of sports in which their product is used. For example, a brand of tennis
rackets not being used by any famous tennis player, a brand of running shoes
not being used by any prominent athlete or like the issue I’m looking at, a car
brand not participating in motor sports.
• What is the targeted audience by type of sport at the
different levels?
The issue at hand looks at why a company should be present at
different levels of a sport. These levels are two fold. On the one side, level
could mean the different age, or in motor sports, engine categories. Age
would apply to different sports such as soccer, basketball and athletics, where
participants are often divided into different teams according to their age. This
ensures fair competition; the same is done in motor sport with engine
categories, so that the different participants compete with the same
advantages and disadvantages. On the other hand, level also means the
different championships that range from local over national to world.
One of the benefits that companies can take away from this study will
be that although the actual cost of participation will not change. Companies
who have never participated before will have to deal with the high costs for the
first time, companies who are already participating, will still spend the same
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amount of money on participating, but might spend it on a sport that fits them
better. Companies will be able to see the tradeoffs between participation and
non-participation on the perceived image of their company. This will allow
them to make decisions on whether to participate and if participation seems
viable, in which field they should participate to obtain the best cost-benefit
ratio.
This thesis will provide companies with an insight on how their image
would be perceived whether they are sponsoring teams or if they would be
participating in the sport. These results, which are based on the perception of
consumers, will allow companies to see the differences of non-participation or
wrong participation, compared to the benefits, an area that before has always
been difficult to determine.
The marketing departments from any company participating in a sport
will be able to determine what is important for the customers and who can be
influenced by the results their product achieves in the sport. For example,
customers who participate in the same sport or whose perceived needs are
close to those of participants.
The thesis will exist of several sections. First, the limited existing
literature will be consulted to find information on the research questions in
order for hypothesis to be formed. After this is done, the research design will
be explained as well as the data that was collected. The next step will be to
analyze and discuss this data so that a conclusion can be found. In the end,
the limitations and possibilities for future studies will also be explored.
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Chapter 2 – Literature Review
Brand Loyalty
“The term "marketing" usually conjures images of consumer packaged
goods and advertising campaigns” (Olivia, 2007) but in reality this is only a
very small part of marketing. To ensure full understanding of the topic
discussed, a short overview of marketing possibilities will be given.
It is generally understood that the more brand loyal customers are, the
better the results will be for a firm. High brand loyalty leads to lower marketing
costs because the companies do not need to spend money on convincing
these customers to purchase their product, they can focus on retention which
is a lot cheaper. Chauduri et al (2001) highlight the importance of brand
loyalty in the last decades. One of the first to recognize this importance were
Howard and Sheth (1969). Since then, many have discussed the role of
loyalty in the brand equity process. His findings indicate that brand loyalty
could create marketing advantages, in this respect, reduced marketing costs,
an increase of new customers and greater trade leverage. Other advantages
from loyalty include favorable word of mouth and an increase in the resistance
among loyal customers toward competitive strategies (Dick and Basu, 1994).
Brand loyalty, however, is not as straight forward as it seems. Chauduri
et al (2001) define brand loyalty “as a deeply held commitment to re-purchase
or re-patronize a preferred product/service consistently in the future”, this
behavior will cause same-brand or same brand-set buying behavior while
ignoring the situational influences and marketing efforts meant to cause
switching behavior. This definition, just like many of the previous works on this
topic, shows the two different aspects of brand loyalty clearly – behavioral and
attitudinal. Purchase loyalty, behavioral, is focused on repeated purchases of
the brand, attitudinal brand loyalty is more focused on the dispositional
commitment with regards to the unique value associated with the brand
(Chauduri et al (2001)).
This issue, of brand loyalty, is closely linked to any type and area of
marketing. Any company that wants to survive needs to ensure that
customers keep coming back and keep spending money. This is obviously the
case for Business to Consumers (B2C) marketing, but also for Business to
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Business (B2B) marketing because B2B firms not always have many
customers. Some B2B companies even have 70% to 80% of their business
from one or two customers (for example, a company producing bumpers for a
car usually only does this for one or two different car manufacturers).
Two different aspects exist with regard to brand equity – from the
viewpoint of the firm and that of the consumer. “The firm-related side of brand
equity emphasizes such brand-related outcomes as relative price and market
share, whereas customer based brand equity appears to hinge at its core on
psychological associations with the brand” (Keller, 1993). In addition to Keller,
several authors suggest that psychological associations to a brand name lead
to brand equity results such as larger market share or differential consumer
responses to marketing-mix variables such as relative price. The findings from
Chaukuri (2001) show that brand trust and brand affect can be seen as
separate constructs that come together to establish two different types of
brand loyalty – purchase loyalty and attitudinal loyalty. In turn, these have an
influence on outcome-related aspects of brand equity like market share and
relative price (Chaukuri et al, 2001).
Donvaband (2007) shows similar results in his study, he finds that the
ultimate achievement when building brands is what he calls emotional brand
loyalty. The result is that consumers who are emotionally branded to a brand
will stay loyal, repeat purchase or cross-purchase, recommend the brand to
others and only settle for that brand. The results for a company – increased
sales and lower acquisition costs – means a high rate of success.
According to Donvaband (2007, p. 36), brand loyalty consists out of
four broad categories: shared values, customer care, product quality and
simplified decisions. A consumer will use one or several of these categories
on the road to becoming brand loyal. This means that companies also need to
ensure that the emotional needs of their customers are being met each time
an interaction takes place.
Brand Involvement and Brand Fit
Any company doing marketing also needs to keep the following two
things in mind: brand involvement and brand fit. Brand involvement meaning
the level at which the brand is committed to its marketing contribution. Brand
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fit showing how well the campaign and the company fit together, in other
words, “both have to be pushing in the right direction” (Music Week, 2006) in
order to create a successful pairing.
These two issues, brand involvement and fit, are closely linked to brand
loyalty. Without the right amount of involvement and the correct fit, companies
can never achieve the amount of brand loyalty necessary to increase profit
and sales and reduce acquiring costs.
Brand involvement is a principle that has steadily increased over the
last years, mainly due to an increase of technology. Companies who, in the
past, wanted to become involved on the highest levels with, for examples, a
music band would find it difficult to use the same band all over the world. The
popular bands in most countries used to be local bands only known in one or
two countries. Due to the increase of technology, more specifically TV and
internet, a company can find a band that is popular world wide in any music
genre. Looking at a research conducted by EMR in 2006 and published in
Music Weekly, results show that brand involvement is received as positive or
very positive by 51% of all consumers. Compared to those consumers who
viewed brand involvement as negative, it is four times higher (12%).This
number even increases if one looks at consumers under 25 years of age.
Teenagers don’t just live with it, they embrace it. This group of consumers is
also seen as the group which influences family purchases most.
All is not as easy as it sounds however, customers do have a preferred
choice about which type of involvement companies choose. Not every event
that a brand is involved in gives a company the same benefit. It is logical that
the reach of being involved in a local event is smaller than when a company is
involved in a national or international event. The reach of the event is not the
only issue that companies have to keep in mind, however. Companies should
also ensure they are spending their precious marketing budget on the right
event.
For example, in case of the research conducted by EMR, involvement
in the branding of a music chart shows a 50% positive reaction, but also a
16% negative reaction. On the other hand, when companies become involved
in the branding of live music events, the positive reaction climbs to 64%, while
the negative reactions drop to about 8% of the population. This shows that the
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reaction to a company being involved in any type of event it is received as
positive, the finding of EMR show that a lot of brands really take this seriously.
They just don’t ask themselves the question “How does this process work?”
(Music Weekly, 2006). This means that the benefits of an involvement should
not just be assumed but thoroughly investigated. This will often show
interesting results that could help save a company time and money while still
building a stronger image.
This all sounds very appealing, but a successful brand involvement
strategy can only be achieved if the brand fit is correct. If customers feel that
the link between the brand and the event is not realistic or does absolutely not
make any sense, it will not have the desired effect. According to the research
by EMR, positive results can always be obtained, no matter what the
perceived brand fit is. This sounds contradictory, but looking further the
research shows that the required investment is much higher, while the
benefits for a company’s image are not as high. In other words, the profit
gained from the campaign will be lower while the effort is considerably higher.
Brand fit is an issue that is important in all types of marketing. In
Cause-related marketing (CRM) for example, a study by Pracejus et al (2003)
demonstrates the importance of finding the right fit between the brand and the
charity. Companies experienced that donations to a high fit charity achieved
results that where 5 to 10 times the value than donations to a low fit charity.
The drawback in this study is that the value of CRM does not justify the cost in
with regards to short-term sales.
Both brand involvement and brand fit are two of the most popular topics
for research in the marketing field yet the focus of the research does not often
seem to fall on the sports marketing field. This is an add occurrence if one
knows that sports marketing is an industry worth US$ 250-billion. This
includes every type of sports marketing like athlete endorsements, facility
construction, sporting goods, licensed merchandise, sports-related advertising
and venue signage, event management and marketing services, ticket sales,
sponsorship, media broadcast rights, and multimedia – including websites,
magazines, books and video games. (Wikipedia 2006)
This is supported by the continuous growing interest in professional
sports. This means that sport is seen as big business, supported by the multi-
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million dollar payrolls, new and larger facilities with all possible add-ons, and
the costs of sports franchises escalating. Television contracts for any
professional sports already run into billions of dollars. (Shannon, 1999)
These two examples emphasize the importance sports marketing, with
regard to marketing a company, currently has all over the world. Sports
marketing opens the doors do new sets of potential customers and creates a
long term relationship with these customers. Sports marketing is useful for a
company until the customers have become habitual purchasers.
Sports Marketing
As mentioned earlier, sports marketing applies to two different areas,
marketing a sport, or marketing anything else through the use of sport. The
focus of this thesis is on the latter part, using sport as a means to market an
event, a company, a product or service.
Just like ‘normal’ marketing, sports marketing wants to ensure that a
company increases its profit; this can be achieved in many ways. The obvious
way is by increasing direct sales of one particular product as a result of the
campaign, but often companies prefer to build a long term partnership to
increase brand awareness, which will result in an increased sales of the entire
product range. “Perhaps the most notable distinction that sport has is in the
relationship it has with its consumers” (Whannel, 1992). One cannot deny that
watching sport offers aesthetic pleasures, but the real attraction when
watching a sport is being able to identify with an individual or team as they
battle to win. (Whannel, 1992) This occurrence has helped to make sport the
big business that is today, as well as making sport an ideal tool to promote
corporate interests. “When professional team sport emerged in the nineteenth
century, the relationship between sports teams and fans was sustained by
reliance upon community ownership and involvement” (Taylor, 1992). With the
increasing company involvement in sports, this idea is changing to that of
private ownership which means that it has repercussions for many leagues
(Nauright and Philips, 1997) (Mason, 1999).
Very simply put, sports marketing is marketing that only uses sport
players, sport teams, sport events or the sport itself to achieve the
predetermined goals of a company. In other words, sports marketing is the
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use of marketing ideology and methods applied to sport products and the
marketing of non-sports products, but by association with sport (Wikipedia,
2006).
Using sport players is a common practice in every type of sport. David
Beckham with Gillette is one of many well known examples. This type of
sponsorship is purely for the benefit of Beckham and Gillette and can
continue, even when Beckham changes soccer team. Other examples are
Michael Schumacher and Omega Watches, who continue to pair up even after
the retirement of Schumacher from Formula 1. This allows companies to
create a long term relationship with the one player they see as the best fit with
their product, without having to pull along a whole team.
Sport sponsorship is different from sports participation, although the
effect on the target market is the same; the way a company looks at it is
different. Companies view sponsorship as a way to show off how much they
care about the supporters, more than how involved they are with the team. In
addition, “sponsorships are being used strategically inside companies to
motivate employees or facilitate a major structural change, such as a merger.”
(Farrelly and Greyser, 2007).
Sports marketing and Sport events
Sports marketing through the use of sport events is another large part
of the marketing pie. One often hears about it when the events are large, like
the World Cup Soccer or the Olympic Games, but in reality one can safely say
that every sport event has a title sponsor. Every national soccer series has a
sponsor, every tennis game has a sponsor, every Formula 1 race has a
sponsor and for so many other sports like golf, swimming or athletics the
same applies. A few examples are Omega sponsoring the Olympic games,
IBM and the Wimbledon tennis tournament and even in fairly new markets like
China this practice is already widely spread, with the Formula 1 and Moto GP
races being names the Sinopec Chinese Grand Prix and the Sinopec Great
Wall Lubricants Grand Prix of China. The Sinopec Great Wall Lubricants
Grand Prix of China is at the same time a good example of how companies
need to be careful when using this form of marketing because too many
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sponsors will just result in confusion amongst the spectators and an unofficial
rename to the Grand Prix of China.
Richard Shannon (1999) states that “sports marketing is a large and
growing industry, both in the USA and throughout the world. The Super Bowl,
for example, is an event which has always attracted a large amount of
attention, both from spectators and companies. Companies often use is as a
marketing tool on a domestic level, while other use the Super Bowl to start off
major ad campaigns. The main reason that this is possible, is because of the
size and concentration of the market around the Super Bowl. Because of the
money that companies invest in other events, they are quickly becoming as
big or even bigger. “The Olympics, if we look at overall attendance at,
participation in, and viewership of, will easily surpass the Super Bowl.
(Shannon, 1999)” The popularity of the Super Bowl in the United States, is
surpassed by the worldwide popularity of the World Cup soccer. The
increased popularity of soccer in the USA means that this event is also
growing larger in the US market, which will increase its marketing popularity
for companies looking to operate world wide. Other large scale event, like
NASCAR racing, golf tournaments, and many other professional sports are
attracting large audiences continuously, both in person and on television.
“Literally millions of fans now attend NASCAR races annually, and hundreds
of millions more watch these races on television. These are, indeed,
tremendous marketing opportunities. (Shannon, 1999)”
Sports marketing and a Team
Another area that falls under sports marketing is sponsoring the sport
itself. This is the case when one sponsor does not take an interest in one
particular party involved, but rather sponsors the sport as a whole. This is
often done in running races or during sport championship at lower levels. For
example Hotel Lika who sponsors every Rally cross race in Belgium, or Ethias
who sponsors the Belgium Basketball by providing the referees with the
necessary equipment.
The last part of sports marketing is the involvement with a team. This is
the option with the broadest possibilities for sponsors, while it also allows
sponsors who do not have anything to do with sports to create a sporting
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image. The biggest advantage created when getting involved with a sports
team, any sports team, is that different packages are available and a company
can sponsor on different levels depending on how much they want to spend
and the goals they want to achieve with their participation.
If one, for example, looks at a popular sport like soccer, which is played
at many different levels, local companies can relatively cheaply sponsor a
team at a low level. Another option would be to become a smaller sponsor in a
higher ranked team. This applies for any sport, giving companies access to
many different markets and allowing for many different sponsors to be present
in sports marketing. The way that sports leagues organize themselves to
produce and sell the products linked to their league, show that sports
marketers have to know the unique nature and the potential of professional
sports products. (Mason, 1999)
Another possibility when becoming involved with team sports is to own
a team. Both the costs and the risks are much higher than through regular
sponsoring, but the rewards are also much higher. A company that just
sponsors a team can terminate the contract fairly easily when something goes
wrong (like corruption) without too much image damage. This, however, is not
the case when a company is involved in ownership. If a negative event would
take place, the owning company will have a much harder time combating the
results of a worsened image. They cannot pretend not knowing what was
going on, because they are the owners and carry ultimate responsibility.
When everything happens according to plan and a team wins, the
reward for the company is much higher than with regular sponsoring. Potential
customers directly make a link between the win and the company. This link
becomes even stronger when a company owns a team that is in line with the
business, in other words, companies that own a team that can use experience
from their daily business practice. These pairings can most often be found in
the motorized sports such as Formula 1, Rally, MotoGP and so many others
forms of motorized sports that exist all over the world.
Towards a model of the perceived image of the brand Model
The way a company image is perceived cannot easily be determined.
Company image has many factors that together create the perceived
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company image. According to Kapferer (1997), “companies seek to better
fulfill the expectations of specific customers; they concentrate on providing the
latter, consistently and repeatedly with the ideal combination of attributes –
tangible and intangible, functional and hedonistic, visible and invisible – under
viable economic conditions for their business.” The main goal for companies is
to put their mark on the different sectors they are present in as well put their
imprint on their products. Customers view a brand as being the collection of
the different products providing a long-lasting and stable reference while at
the same time providing a future. It is for this reason that a brand cannot be
seen as a static reality, consumers that buy a product do this because of the
brand. The larger and important brands communicate what they mean, what
they are made of and in which direction they are heading. This is especially
important for hi-tech goods, it shows that consumers the direction the
company is heading into with regards to research, innovation and overall
efforts. (Kapferer, 1997)
Model 1 – Company Image
Brands are not just regarded as a product or a service but also as a
symbol or a person. A strong symbol can provide a structure to the brand
identity and make it more recognizable to people. According to Kapferer
(1997), a conceptual model of how the company image is formed looks like
model 1. This model applies to this case because sport is one of the areas in
which everybody wants to come with the latest scoop. These scoops are often
totally incorrect, but once the consumers have heard the information, it will
start to live a life of its own, with no stopping it. This model clearly shows the
different steps and where a company would need to focus on in order to
combat false scoops and other incorrect information that is spread around by
competitors and media.
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This model shows the different aspects that create a company image.
The first aspect is the way people perceive the different products that a
company creates and the image that these products send out to the world.
This means that every product that is created by a company needs to belong
to the same image in order not to confuse customers. Companies like Procter
& Gamble have solved this problem by creating different brands which allow
them to sell the same product type at different prices without creating
confusion. This concept is also used by car manufacturers. The Volkswagen
group is a good example. Brands belonging to this group are Skoda, Seat,
Volkswagen, Audi, Bentley, Bugatti and Lamborghini. These brands allow
Volkswagen to build and sell to different customers without the need to work
under one central image. The same is done by Ford, Fiat, BMW, Mercedes-
Benz, Chrysler, General Motors and so many others.
The other part that builds up the sender area of model 1 is called other
sources. Not really a clear concept name, but that is simply because it is
impossible to give a clear name to this concept. The other sources that create
a company image are stock prices, product quality, customer service, world
wide presence and so on. This is often forgotten by companies as they tend to
focus on the identity of the different products rather than on what else can
influence the image. These other concepts are equally important as the actual
identity.
Also included in the other sources concept are those sources which are
not linked to the company, but report about the company and its products.
Magazines, newspapers, the Internet, television and consumer reporting
agencies all have their own way of communicating what they think about the
brand and the products and what they think you should do with that
information.
This means that a company can only control a small part of the image
building that happens in the mind of customers. To ensure that the company
controlled signals are successful, they need to choose the appropriate
medium of communication. For many companies the medium of choice will be
the classic ways such as radio, newspapers and magazines, television and
some in store publicity and sponsoring. Few companies spend the majority of
the media budget on sponsoring and communicate only the necessary info via
20
the traditional ways. Volvo, for example, sponsors sailing races all over the
world, but only uses the classic communication ways during the launch of a
new model or when special discounts are given. For Volvo, this way of
creating a brand image seems to work very well if one looks at the increased
sales figures and the changing image of Volvo from being a car for a ore
mature public into a car that is now also for hip, young consumers.
Another example is Ferrari who only communicates through motor
sports sponsorship and participation. They hardly ever use advertising in the
classical way. In addition, Ferrari uses a large assortment of merchandising
product ranging from key chains to laptops. This indirect form of image
transferal is extremely successful if one looks at the sales figures and
popularity of these gadgets.
The ‘signals transmitted’ comes also from sources that companies
cannot control. Although some companies find that there is no such thing as
negative press, many consumers disagree, especially in the short run. The
Mercedes A-class which flipped over during the moose test (The moose test,
also known as the Elk test, has been used in Sweden for decades to test how
a certain vehicle, usually an automobile, acts when avoiding a sudden danger,
such as a moose. Wikipedia, 2007) did not hinder it from selling one million
vehicles in six years after rectifying the problem (baby-benz.com, 2004). This
shows a company can still turn around negative press to become successful
in the long run. This change is indeed easier to achieve when product
problems occur once. The image problems are only problematic in the long
run when they occur with a few of the company’s products in a short
timeframe. For example, if the failing of the moose test had also occurred with
the new M-Class and new C-Class instead of just with the A-Class, Mercedes
would have had image problems and a reduced sale instead of a range of
successful products. Because of the once-off problem at Mercedes, press and
customers soon forgot about the moose test and went on buying the car.
The next part in the model is with regard to the filter that exists between
the signal and the receiver. This filter is present because of the large amount
of information sent to customers at any given point of the day. For example, if
BMW would have sent out a recall of all 3-series on the same day than the
reports about the failed moose test of the Mercedes A-Class, customers
21
would not have been aware that this problem existed. Unfortunately, the same
is also true if something positive would have happened, like BMW winning an
important race.
Other filters that come up often do not interfere with the company or the
field it is present in. Any news that is seen as more important will halt the flow
of the signal to the receiver for whom it is intended.
The last part of the model is that of the receiver. The receiver is the
intended target group of a company. With all the information that a receiver
absorbs, an image is formed about the brand and company.
Marketing in Motor sports
This part of the thesis will deal with the first two sub-questions, ‘how is
motor sports defined by car manufacturers?’ and ‘what are the main
differences between actively participating and sponsoring?’
After discussing the definition of sports marketing and the importance
of loyalty, the main issue of this thesis will be discussed, marketing in motor
sports. This will focus on sports marketing that want to sell a company or
product, rather than the sport itself.
If one puts all the information together, one can see that due to the
special nature of the relationship and the lack of previous research between
sports participation and the effect it has on the image of a company, there is
need for further research. This is a strange occurrence when one considers
the importance of sports marketing. The lack of previous research means that
an investigation pertaining to sports participation is necessary to clarify certain
issues in the sports marketing field.
This lack of previous knowledge uncovers a new problem: the lack of a
benchmark that can be used as a comparison. An additional issue is the
difficulty in finding research that can be used as a stepping stone to start
investigating the effect of sports participation by a car brand in motor sports
on the customer’s brand perception.
According to Renault executives, “the company’s participation in
Formula 1 is to turn this success [winning the world title] into a tool for
enhancing the image and awareness of the Renault brand.” (Automotive
Industries, 2005) If this statement is compared to the press releases from
22
other car manufacturers in Formula 1 (BMW, Mercedes, Ferrari, Spyker,
Honda and Toyota) and press releases relating to other motor sports, very
similar participation goals come forward, most having to do with either brand
awareness or brand image and perception.
According to recent figures, U.S. companies spent $10.52 billion on
sponsorship, of which 69% is categorized as sport sponsorship (Stotlar,
David, 2004). This shows that despite changes in the overall economic
environment, a sport is still seen as the best way to showcase a company to
potential customers. In Formula 1, a similar trend can be seen, although the
amount of teams has been reduced steadily over the past decade, more
manufacturers have entered, or re-entered Formula 1.
A good example is Spyker, a relatively unknown and small Dutch car
company that has recently committed to Formula 1, not just by supplying a
chassis or engine, but by purchasing a whole team. Though this is not their
first endeavor into motor sports, the participation in Formula 1 brings them
onto a whole new level. Since they have branched out into motor sports, they
have become a profitable company rather than a small brand that is only
known by some car specialists.
Similar actions to that of Spyker have been undertaken by both Honda
and Toyota in the past five years with both companies building their own
teams. Mercedes ownership in McLaren seems to increase every year turning
two companies’ from working together as equal partners to Mercedes owing
the majority share of McLaren. BMW has left behind a very successful
partnership with the Williams team because it could takeover the Sauber
team. This has allowed BMW to run its own team and be involved with the
whole package as opposed to just supplying the engines.
Looking at the above examples, one can only assume that life in the
motor sport arena is good. Although stories of failure can easily be found,
these examples illustrate that when a company wants to be successful in
racing, they can do so, even if their name or budget does not match up to the
best teams.
One has to question whether the increase in manufacturer supported
teams is not just fueled by looking at the advancement of competitors, rather
than changes that provide a beneficial transformation of the image. To
23
investigate this, it is best to use the ‘sponsorship evaluation model’ as
proposed by Stotlar (2004). If one compares these goals of participation to the
goals set by many companies when it comes to sponsorship, as shown by
Stotlar (2004) in his Sponsorship Evaluation Model, it becomes clear that the
end result for the potential customers is the same. In other words, both
sponsorship and participation (having an own team) want to achieve an
increased positive or more fitting brand image.
It can be assumed, therefore, that if both sponsorship and participation
want to achieve alike result, testing if these results have been achieved can
also occur in a similar manner, in the same way that the data that applies to
sport sponsorship can also be used for the topic of sport participation.
Brand Fit and the Effect on Company Image
This part of the thesis is closely linked to the third sub-question, ‘What
are the important aspects of an image for a brand?’
The model (Model 2) has four main parts that every company has to
evaluate in order to move forward in its objectives.
• Step 1: Input step
• Step 2: Filter step
• Step 3: Activated Components Step
• Step 4: Evaluation Protocol Step
This model is also used as the basis for the model used in this thesis.
The model presented by Stotlar (2004) shows the different steps needed to
evaluated the sponsorship. Because the idea of this thesis is to evaluate the
participation of a company, several parts of this model can be applied to the
participation model. Although the model for this thesis is not a stepwise
model, the theories included in the Stotlar (2004) steps can also be applied in
the participation model. Especially the filter step and the evaluation protocol
step are of importance.
It begins with the ‘Input’ step, what the company wants to achieve. In
the case of motor sport participation, one can safely assume from the
statements given by many of the participants, it is to increase the awareness
of the brand which would lead to a more positive image for the company. This
24
positive image can cover a large range of aspects; some companies go for a
luxury image, others might prefer a reliable image.
Model 2: Sponsorship Evaluation Model (Stotlar, 2004)
The second step is the ‘Filter’ and the third step is the “Activated
Components”, “the Filter section of the model consists of the inventory that the
sport property has to offer through which the sponsor objectives may be
realized” while the “Activated Components in any sponsorship would be
ultimately determined by the corporate inputs and the property’s filter of viable
inventory” (Stotlar, 2004). In the case of participating in motor sports this will
be target market access and media coverage. These will be the two main
points of contact between the sport and the potential customers that need to
be influenced.
While the past three steps are pretty clear in motor sport, it is the last
step that should help companies determine if they are really creating
maximum benefits from the marketing tools they have at their disposal. This
step is the “Evaluation Protocol”. In this step one has to measure the reaction
of the public on ones efforts in motor sport.
25
This model is mainly used to find the best way for a company to show
its presence in the (sports) market. The need for such a model means that a
company’s marketing campaign is more effective if it is directed towards the
right market, in this case the sports market, in other words, the fit connection
between the participation and the company. Although everybody with enough
money can become the owner of a (motor) sport team, the connection
between the owner and the sport should be clear. If this is not the case, the
message will be totally lost. The previously mentioned example by Pracejus et
al shows that in the case of charity, a fit needs to be seen between the
company and the charity. For example, if makes more sense to consumers if
a dog food manufacturer creates a campaign to support the local animal
shelter as opposed to the local orphanage. Looking at what this means in this
investigation leads to the first hypothesis:
H1: A better brand fit positively influences the effects on image
Brand Involvement and the Effect on Company Image
This section of the research will focus on the fourth and fifth sub-
question, ‘What is the perceived effect of sport on a brand’s image?’ and
‘What is the effect of not participating in sports for a brand?’
The next issue that is particularly applicable to sport sponsorship is the
level of commitment, in other words, the brand involvement of a company. As
mentioned before, the car manufacturers that are present in the Formula 1 at
this moment in time are moving away from being suppliers and are going
towards becoming owners. This would suggest that being more involved is
more beneficial to brands.
With regards to the brand involvement of a company, Cornwell et al
(2001) found that “anything that causes the consumer to ‘experience’ or be
exposed to the brand has the potential to increase familiarity and awareness.”
This seems to be somewhat contradictory to the current marketing strategies
of many companies sponsoring or participating in sports. AIG, for example,
has spent the highest amount of money in soccer to become the main
sponsor of Manchester United. This, combined with the above examples from
Formula 1 would suggest that ‘anything’ is not good enough anymore to really
26
make an impact on consumers. Consumers are bombarded with an infinite
amount of messages every day so the only way to be noticed is to stand
above the competition. Previous studies by Cobb-Walgren et al (1995) found
that companies with larger advertising budgets accomplish higher levels of
brand awareness and brand image.
Cornwell et al (2001) investigated this issue by questioning corporate
sponsorship managers on their views. Cornwell (2001) only found partial
support for this issue (although the main reason that this hypothesis was not
fully accepted was that the respondents had to choose between two areas in
which high sponsorship leverage could be important: for either brand equity
elements or by adding financial value to the brand). This clear divide in the
marketing papers means that it is not redundant to test the following
hypothesis:
H2: A higher brand involvement positively influences the effects on
image
Popularity of the Sport and the Effect on Company Image
This piece of the research deals with the last sub-question ‘What is the
targeted audience by type of sport at the different levels?’
Formula 1 is a sport that is popular all around the world, with the
exception of the United States of America. This seems quite obvious looking
at the sponsors and brands present in Formula 1; the majority is non-
American. The recent change in tobacco advertising legislation after which
tobacco companies withdrew from sporting events in Europe is still fresh in
people’s minds. The United States, however, has had a similar law in place for
many years, in which a tobacco company could only sponsor one major
sporting event/team a year. This rule showed how unpopular Formula 1 was
in the United States, because many Formula 1 teams had to remove tobacco
advertising from their cars and uniforms during the United States Grand Prix
only. Tobacco companies preferred to sponsor different sports than Formula 1
in the US sports market.
The sports fans in the United States have always preferred NASCAR or
Indy car racing. Although this last form of racing has lost some popularity
27
recently with more and more fans turning up at the NASCAR race events.
During the 2003 season, NASCAR’s different divisions accounted for 2200
races. These races attracted a mind boggling thirteen million tickets sold. The
larger events that fall under the NASCAR flag, attract nearly 190 000 visitors.
In 2003, NASCAR had become the second most popular sport in terms of
sports-viewing size, right behind the NFL. (Amato et al, 2005)
Any sport and sponsor or participant can be satisfied with this amount
of attention from fans, but this does not necessarily mean that these fans will
become customers. Recent study in the NASCAR field showed that “72% of
racing fans report they consciously purchase NASCAR sponsors’ products,
and 40% say they would switch to brand that become official promoters”
(Amato 2005), while other “studies have shown that fans are three times as
likely to try and purchase NASCAR sponsors’ products and services than
those of non-sponsor” (Parry, 2005) simply because of their changed image
since they began to sponsor.
This shows how important the choice is to participate in the correct
sport. If the sport chosen has similar numbers compared to NASCAR, almost
any company will be successful when they sponsor or participate in it. These
numbers came from all sponsors put together, but it stands to reason that the
sponsors present in NASCAR which are linked to cars can achieve even
higher numbers. Brands should therefore always look at sport familiarity and
sport popularity before deciding on which sport to spend money. This means
that to actively participate in a sport, the best choice is the most popular one,
therefore:
H3: A more popular sport positively influences the effects on image
Image of the Sport and the Effect on Company Image
When talking about sponsorship and participation, two fit related issues
come to mind. The first is that of functional fit, this “describes the thematic
relatedness between a sponsor and an event” (Grohs et al, 2004).
The second fit, however is an image related fit. This “encompasses the
attributes associated with a sponsor and a sponsored event” (Grohs et al,
2004). This means that sponsorship and participation will be more effective
28
when the sport is perceived to fit the company better. In other words, it makes
more sense for Nissan to participate in Paris-Dakar than it does for Lancia.
Grohs et al (2004) tested this effect and found that it is significant.
Looking at the above two fit related issues, one immediately comes up
with a third issue: that of image fit. Looking in the world of sport marketing it is
obvious that some sports are more popular than others, but this does not
necessarily mean that this sport has a positive image. While Formula 1 or the
World Rally Championship (WRC) attracts many of the top companies to
sponsor or participate, the same can not be said for a race like the Gumball
3000. Both Formula 1 and the Gumball 3000 attract a large amount of
spectators from all over the world, yet those companies sponsoring the
Gumball 3000 are not present in any other motor sports. The main difference
between these two categories is image. Although the Gumball is portrayed as
an official long distance rally, it has an aura of illegality around it, enforced by
the many accidents and arrests. Although it would be cheaper and easier to
sponsor a race like the Gumball, few companies want to be associated with
this rally due to its negative image in the media and in the minds of the
majority of the consumers. If this is the case then:
H4a: A positive image of the sports event moderates the influences of
brand fit on the image of the brand.
Another issue with regards to image is the image transfer between the
sport and the brand. This transfer will depend on the involvement level of the
brand within the sport. According to Grohs (2004) “image transfer in sports is
defined as the transfer of associations attributed to the activity to the brand.”
The main goal is to create positive feelings and attitudes by ensuring a close
link between the sponsor and the event. This will especially be effective if it is
an event that the customer values highly. To put it simply, the image of the
event should transfer to that of the sponsors. (Grohs, 2004) This needs to be
evaluated to ensure that the investment by the brand was worth it. This can be
tested by looking at how the image of the brand has changed over the course
of the event. Grohs et all (2004) explored this issue and found that event
29
image had a significant influence on the post-event sponsor image. For this
study, it means the following should be tested:
H4b: A positive image of the sports event moderates the influences of
brand involvement on the image of the brand
According to Willins (2004) “sports like baseball and football are
traditional, but racing among today’s youth is catching fire”. This means that in
order to create a positive image of a brand, being present in the right sport is
crucial. In order to create a familiarity with a sport, families should be able to
experience the sport as soon as possible. This is often the case with ball
sports like basketball or football, due to the easy access to these sports. If one
can offer easy access to families to something that seems far away like motor
sport events, the impact of a marketing campaign in more advanced racing
series will be higher.
If one looks at the demographics of racing, it shows that one in four of
the racers is between 10 and 21 years old, while more than one in two is
between 22 and 35 years old (Willins, 2004), it is clear that this is a very large
group of potential customers. Although many people may assume many of
these racers are professional racing drivers, this is not the case. For the most
part, these participants see it as their hobby. If one combines this information
with the conclusions from Willins that families need to be introduced to the
racing sport as swift as possible, it is clear that the sooner and the more
familiar consumers become with the sporting event, the larger the impact. It
will also help to bring families close together around the sport if everybody
views the sport in a positive light. In other words, if the sport has a positive
image, more people will be familiar with it, or will do their best to familiarize
themselves with the sport. The best way to familiarize customers is by
allowing them to participate, therefore:
H4c: A positive image of the sports event moderates the influence of
sports familiarity on the image of the brand
30
Model
Creating a model of these hypotheses shows the relationship between
the different aspects such as brand fit, brand involvement, sport familiarity and
image of the sport. The model illustrates the direct effects that brand fit, brand
involvement and familiarity of the sport have on the effects of participating in
sports on the brand perception of a company. This model also shows the
moderating aspects that the image of the sport has on the relationship
between brand fit, brand involvement and sports familiarity respectively on the
effects of participating in sports on the brand perception of a company.
Model 3
31
Chapter 3 – Research Design
To test the hypotheses, thorough research needs to be done. This
survey should follow several steps. The first step is to determine the sample
needed for the study. The main idea behind sampling is that by choosing a
small part of the total population, conclusions can be made about the entire
population. The population is the subject that is used to take the
measurement. “It is the unit of study… A population is the total collection of
elements about which we wish to make some inferences.” (Blumberg et al,
2005) For this research, a simple random sample will be used.
The next step is to determine which tool should be used to conduct the
survey. Many options are available ranging from face-to-face, via telephone
and arriving at internet based surveys. Because this research should be set
up in such a way that a large number of potential respondents are contacted
in a short time period, it is best to use a questionnaire based research. Using
this type of survey also gives the added advantage of being able to use the
NetQuestionnaire community that exists at the Universiteit Maastricht. This
online questionnaire tool allows collecting data from several different groups
without having to take the time to travel and visit them personally. This means
that the results will represent the entire market as opposed to one province or
country. Using an online questionnaire also makes collecting the data
considerably cheaper and faster. Respondents can fill out the research when
they find the time to complete it, as opposed to when a researcher contacts
them in person. According to Coomber (1997), the Internet and electronic mail
has allowed an easier form of communication, especially among different
people investigating the same thing. The electronic communication methods
have allowed people to discuss from different areas of the world while
continuing to work in their areas of expertise. Another important aspect of
electronic communications is that one can reach individual research subjects.
“In particular, there may be significant research benefits to be learned where
the group being researched is normally difficult to reach and/or the issues
being researched are of a particularly sensitive nature” (Coomber, 1997).
32
One drawback when using an experienced panel of respondents is
that responding becomes a routine. One can assume this is not the case for
this research due to its special topic.
The market that is targeted by constructors when they participate in a
race series is anybody, male and female, from a very young age. It is
however, not feasible to contact this group, due to the type of questions being
asked about their personal opinion and perception. These questions are
difficult to answer by minors children because they require some experience
with different car brands. This means a sample should be created. When
using random sampling, or probability sampling, every combination of items
from the population can occur, but the chance of them occurring is not equal
for all the items. The problem when using any type of sampling is that there is
a risk the sample does not represent the population properly. The advantage
of random sampling is that it is been used and researched a lot before, which
means that it is easy to choose the correct sample size. In addition, as soon
as the sample has been taken, the sampling error can be calculated. This is
not the case for non-random sampling. While the latter method may be
cheaper, it does not offer any way to determine the quality of the results.
(Wikipedia, 2007) A simple random sample is described by Blumberg et al
(2005) as a sample in which “each population element has an equal chance of
being selected into the sample”. This research therefore focuses on a sample
of respondents that are both male and female, with an age between 18 and
65. This age group is chosen because it can be assumed that this is the age
group that at some point in their lives they will purchase a car. The
respondents should also live in a market in which Formula 1 is broadcasted,
as well as in a sales market for Fiat and Renault.
It was not necessary to only contact specialists in the field to complete
this research, because they only make up a small percentage of the target
market of the constructors. Constructors also want to make an impact on
those consumers that are not necessarily specialists or full-time fans. The
non-specialist group is a much larger potential customer group.
The respondents are chosen according to a random sample of
participants in NetQuestionnaire. The actual number of respondents contacted
is not available due to the fact that this is chosen by the NetQuestionnaire
33
crew. The respondents received an e-mail in the first half of 2007 and had a
week to complete the questionnaire.
From all the respondents contacted, 43 choose to start the
questionnaire and 37 completed the questionnaire. These 37 respondents
finished the questionnaire completely without omitting any questions. This low
number of respondents can be explained by the busy period that people
experience right before the start of the holidays.
The questionnaire consisted of 13 questions, the first ten with regards
to testing the hypotheses, the next three gathered demographic information
from the respondents with regards to age, nationality and gender.
Due to the unconventional topic of this research, it was not always
possible to use standardized questions. The questions with regard to the
popularity of motor sports (Hypothesis 3) and those with regard to the image
of Formula 1 (Hypothesis 4a, 4b and 4c) were tested by using eight
dimensions on a seven point Likert scale as well as by testing four statements
that needed to be evaluated on a seven point Likert scale ranging from
Strongly Disagree to Strongly Agree. The four questions that where used in
addition to test hypotheses 3, 4a, 4b and 4c are an adoption of questions that
are linked to image and trust.
The eight dimensions come from a list of 34 dimensions (Bruner et al,
2001) that have been successfully used in a wide range of different
questionnaires. “A wide variety of bipolar adjectives has been used over the
years to measure brand attitude. No one set of items has been declared the
optimal scale.” “Respondents typically complete the scale as part of a longer
instrument administered in a survey or experimental context. Subjects are
asked to evaluate a specific good or service using some set of bi-polar
adjectives and marking the scales appropriately. The overwhelming majority
of scales have employed seven-point response alternatives. Scores on the
overall scale can be calculated as the sum or the mean of numeric responses
to the individual items.” (Bruner et al, 2001)
The next set of questions that appeared on the questionnaire was in
relation to hypothesis 1. This hypothesis tests the brand fit between the brand
and the sport. In the case of this questionnaire, Fiat and Renault where taken
as examples and Formula 1 was the sport that was used in this example. To
34
test this hypothesis a set of questions from Sengupta et al (1997) was used.
“Sengupta, Goodstein and Boninger (1997) proposed that different kinds of
low-involvement cues lead to varying degrees or attitude persistence. As
noted, endorser/product fit was measured in a pretest before the second main
study as a manipulation check, namely to confirm that the target population
viewed one endorser as being significantly more related to a product than
another.” (Bruner et al, 2001) The questions where changed in such a way
that the essence of the question remained, but the wording was more
applicable for this research. The questions had to be rated on a seven point
Liker scale.
The next questions that needed to be completed in the questionnaire
were asked to test hypothesis 2 which asks for the level of brand involvement.
To test this, respondents had to answer four questions per brand (Renault and
Fiat) by rating them on a seven point Likert scale. The questions asked found
their basis in a previously tested questionnaire that looked for a personal
opinion on product involvement.
The last questions that needed to be answered in order to be able to
test all the hypotheses were questions that asked for the opinion respondents
had on Renault and Fiat as companies. These questions needed to be rated,
just like all the others, on a seven point Likert scale by the respondents.
For the complete questionnaire, please refer to Appendix 1.
Due to the similar nature of the questions (all scaled on a seven point
Likert scale), the way they are tested will also be similar. The questions will be
tested by using factor analysis, the analysis of the Cronbach’s alpha and
through using a regression analysis.
A factor analysis is a group name for several computational techniques.
These techniques are created to reduce the collected data to a more
manageable number of variables that are linked together by having
overlapping characteristics. “The predictor-criterion relationship that was
found in the dependence situation is replaced by a matrix of intercorrelations
among several variables, none of which is viewed as being dependent on
another. For example, one may have data on 100 employees with scores on
six attitude scale items.” (Blumberg et al, 2005)
35
The main reason for using a Cronbach’s alpha analysis is that
“reliability measures, such as Cronbach’s alpha, do not ensure
unidimensionality, but they do detect whether the indicators of a construct
have an acceptable fit on a single factor model.” (Blumberg et al, 2005)
A regression analysis is a statistical technique for investigating and
modeling the relationship between variables. A regression analysis
investigates the relationship of the dependent variable to specified
independent variables. The result of this mathematical model of the
relationship is called the regression equation. The dependent variable is
reproduced as a random variable due to the uncertainty of the value. The
regression equation is build up out of at least one regression parameters,
which quantitatively link the dependent and independent variables. “Uses of
regression include prediction, modeling of causal relationships, and testing
scientific hypotheses about relationships between variables. Once a
regression model has been constructed it is important to confirm the
goodness of fit of the model and the statistical significance of the estimated
parameters. Commonly used checks of goodness of fit include R-squared,
analysis of the pattern of residuals and construction of an ANOVA table.
Statistical significance is checked by an F-test of the overall fit, followed by t-
tests of individual parameters.” (Wikipedia, 2007)
36
Chapter 4 – Results
The respondents of this research were mostly male (59,5%) and 50%
of the respondents were 30 years or younger. The youngest respondent was
18 and the oldest respondent being 64 years old. The majority of the
respondents have the Belgian nationality, followed by the Dutch and the
German. A more detailed break down of the demographic data can be found
in appendix 2.
Table 1: Item-Total Statistics question 1 – Popularity of the sport
Scale Mean if Item Deleted
Scale Variance if Item Deleted
Corrected Item-Total Correlation
Cronbach's Alpha if Item Deleted
Q1 A - Dislike 29,43 145,308 ,854 ,965
Q1 B - Unpleasant 29,32 141,392 ,893 ,963
Q1 C - Foolish 29,81 150,380 ,877 ,964
Q1 D - Common 29,27 159,592 ,711 ,972
Q1 E - Unlikable 29,24 145,078 ,920 ,961
Q1 F - Unattractive 29,00 142,167 ,910 ,962
Q1 G - Unenjoyable 29,00 140,444 ,922 ,961
Q1 H - Unappealing 29,32 141,114 ,921 ,961
Table 2: Item-Total Statistics question 3 – Image of the sport event
Scale Mean if Item Deleted
Scale Variance if Item Deleted
Corrected Item-Total Correlation
Cronbach's Alpha if Item Deleted
Q3 A - Dislike 28,97 161,083 ,905 ,964
Q3 B - Unpleasant 28,81 161,435 ,941 ,962
Q3 C - Foolish 29,27 171,925 ,811 ,969
Q3 D - Common 28,54 181,866 ,624 ,978
Q3 E - Unlikable 28,86 161,953 ,951 ,962
Q3 F - Unattractive 28,70 160,548 ,931 ,963
Q3 G - Unenjoyable 28,65 160,790 ,936 ,962
Q3 H - Unappealing 28,81 159,880 ,926 ,963
The next step in the research was to ensure the reliability of the data.
This is best done by a combination of a factor analysis and reliability test. The
results of these calculations showed that in the case of four questions, a
higher Cronbach’s Alpha can be achieved if certain sub-questions where not
used in further calculations. For the question linked to the popularity of the
sport (Question 1), Cronbach’s Alpha is 0,968, proving a high reliability. An
increase of the Cronbach’s Alpha would be possible, but due to the already
high value it is not necessary anymore. This would be more useful if the
Cronbach’s Alpha was around 6 or 7. Full Cronbach’s Alpha result are shown
in table 1.
37
The results for the issue with regards to the image of the sport event
(Question 3), showed a similar trend, achieving a Cronbach’s Alpha of 0,970 if
all the items are included. After the omission of item D, common-uncommon,
the value increased to 0,978 (as is shown in table 2).
Hypothesis 1 (question 5 and 6) which deals with the issue of brand fit,
a similar result was found when the reliability was calculated. When the
respondents were asked about their opinion on the sponsorship of Fiat
towards Ferrari, the original Cronbrach’s Alpha was 0,831, which would
increase to 0,875 if the results from sub-question A were not included (table
3). When the opinion of the participation from Renault in Formula 1 was
asked, the answers resulted in a Cronbach’s Alpha of 0,909, increasing to
0,928 when sub-question A was discarded (table 4). For full results including
all the other questions, please refer to appendix 3.
Table 3: Item-Total Statistics question 5 – Brand fit
Scale Mean if Item Deleted
Scale Variance if Item Deleted
Corrected Item-Total Correlation
Cronbach's Alpha if Item Deleted
Q5 A - Fiat sponsor F1 Sport category 12,19 21,602 ,479 ,875
Q5 B - Fiat sponsor F1 Fit 11,65 18,790 ,759 ,740
Q5 C - Fiat sponsor F1 Relevant 11,46 18,866 ,814 ,716
Q5 D - Fiat sponsor F1 Appropriate 11,16 22,417 ,631 ,802
Table 4: Item-Total Statistics question 6 – Brand fit
Scale Mean if Item Deleted
Scale Variance if Item Deleted
Corrected Item-Total Correlation
Cronbach's Alpha if Item Deleted
Q6 A - Renault sponsor F1 Sport category 13,81 20,880 ,682 ,928
Q6 B - Renault sponsor F1 Fit 13,92 20,188 ,825 ,872
Q6 C - Renault sponsor F1 Relevant 13,81 20,380 ,882 ,853
Q6 D - Renault sponsor F1 Appropriate 13,59 21,914 ,817 ,878
In all four the cases it was not absolutely necessary to discard the sub-
questions because they all had an extraction value that was higher than 0,5.
The sub-questions were not used in the mean calculation because enough
other items were available after the removal to still ensure a conclusion that is
based on enough different items. In other words, not using these four items
does not mean that the results of this thesis are based on only one item.
38
After all the questions were tested, a factor analysis and reliability test
was run using all the different sub-questions. The results show that the
Cronbach’s Alpha of 0,976 would only decrease if any of the items were taken
out of the calculation. It also showed that in the case of the dependent
variable (question 9 and 10), the effect on the image of a car manufacturer,
the Cronbach’s Alpha would remain the same when these items were deleted.
This shows that these items make up the dependent variable and do not
interfere with the model itself.
Table 5: Paired Samples Correlations
N Correlation Sig.
Pair 1 Popularity of the sport & Popularity of the sport 37 ,853 ,000
Pair 2 Sport event & Sport event 37 ,870 ,000
Pair 3 Brand fit & Brand fit 37 ,522 ,001
Pair 4 Brand involvement & Brand involvement 37 ,673 ,000
Pair 5 Image of a company & Image of a company 37 ,454 ,005
Pair 6 Popularity of the sport & Sport event 37 ,840 ,000
Pair 7 Popularity of the sport & Sport event 37 ,896 ,000
In addition to the Cronbach’s Alpha, a t-test was conducted. Although
this was not really necessary because of the good Cronbach’s Alpha results, it
was run just to be sure. To run the test, the questions used to measure each
hypothesis and the independent factor were paired. For example, the two
questions dealing with motor sports (question 1 and 2) because together they
are used to test hypothesis 3. The results of these tests show that the view of
the respondents across the paired questions remains the same, while the
standard deviation is comparable as well. This means that the answers to the
questions are similar, with a maximum difference of 0,5 between answers,
showing that the questions measure the same thing. Even in the case of a t-
test on two similar questions that dealt with motor sports and Formula 1
(question 1 and 3 and question 2 and 4) the results show no significant
difference in the answers or standard deviation.
Furthermore, the results of the t-test show that there is no significant
correlation between the paired questions (table 5). More in-depth results can
be found in appendix 4.
39
The next step in the research is hypothesis testing which is done
through a regression analysis. All six hypotheses were tested in a regression
analysis, as a dependent variable the data collected with regards to the
personal opinion of respondents on Renault and Fiat as companies (question
9 and 10) is used (Image of a Company, Table 6). For full regression analysis
results, please refer to Appendix 5.
The hypothesis dealing with brand fit (Hypothesis 1: A better brand fit
positively influences the effects on image) is accepted. This is the case
because the t-value of 2,173 combined with a significance level of 95%.
(Table 9: Coefficients)
Hypothesis 2, A higher brand involvement positively influences the
effects on image, concerning with brand involvement illustrates a high
absolute t-value, the significance level of brand involvement is 90% meaning
that this hypothesis is accepted. (Table 9: Coefficients)
Popularity of the sport was the topic of hypothesis 3, A more popular
sport positively influences the effects on image. The low t-value of 1 combined
with a significance level of less than 70% means that this hypothesis will be
rejected. (Table 9: Coefficients)
The next three hypotheses test a moderating effect. Hypothesis 4a, A
positive image of the sports event moderates the influences of brand fit on the
image of the brand, which looks at the connection between sport event and
brand fit, yields a high absolute t-value and has a significance level of 90%,
this means that hypothesis 4a is accepted. (Table 9: Coefficients)
The moderating effect of sporting event on brand involvement is
hypothesis 4b, A positive image of the sports event moderates the influences
of brand involvement on the image of the brand. The results show a t-value of
2,658 and a significance level of 95% meaning that this hypothesis should be
accepted. (Table 9: Coefficients)
The last moderating hypothesis, 4c, A positive image of the sports
event moderates the influences of brand involvement on the image of the
brand, dealt with the link between sport event and the popularity of the sport.
A low t-value and a significance level of less than 75% leads to a rejection of
this hypothesis. (Table 9: Coefficients)
40
In addition to being able to control for acceptation or rejection of
hypothesis, a regression analysis also shows the performance of the entire
model. Table 7 shows that the adjusted R squared value is 0,225. This means
that 22,5% of all the cases can be explained by this model. Although this is
not extremely high, it is enough to accept this model as having significance in
the market.
Table 6: Descriptive Statistics
Mean Std. Deviation N
Image of a Company 3,6486 1,17476 37
Brand Fit 4,3333 1,34026 37
Brand Involvement 3,1014 1,27334 37
Popularity of the Sport 3,8880 1,65993 37
Sport event - Brand fit 18,7121 12,12106 37
Sport event - Brand Involvement 13,9896 10,34150 37 Sport event - popularity of the sport 18,0597 13,25764 37
Table 7: Model Summary(b)
Model R R Square Adjusted R Square
Std. Error of the Estimate
1 ,595(a) ,354 ,225 1,03444
a Predictors: (Constant), Sport event - popularity of the sport, Brand Fit, Brand Involvement, Popularity of the Sport, Sport event - Brand fit, Sport event - Brand Involvement b Dependent Variable: Image of a Company Table 8: ANOVA(b)
Model Sum of Squares df Mean Square F Sig.
1 Regression 17,580 6 2,930 2,738 ,030(a)
Residual 32,102 30 1,070
Total 49,682 36
a Predictors: (Constant), Sport event - popularity of the sport, Brand Fit, Brand Involvement, Popularity of the Sport, Sport event - Brand fit, Sport event - Brand Involvement b Dependent Variable: Image of a Company Table 9: Coefficients(a)
Model Unstandardized Coefficients
Standardized Coefficients t Sig.
B Std. Error Beta
1 (Constant) 2,387 ,799 2,987 ,006
Brand Fit ,803 ,370 ,916 2,173 ,038
Brand Involvement -1,259 ,621 -1,365 -2,029 ,051
Popularity of the Sport ,357 ,356 ,504 1,001 ,325
Sport event - Brand fit -,164 ,086 -1,688 -1,898 ,067
Sport event - Brand Involvement ,364 ,137 3,207 2,658 ,012
Sport event - popularity of the sport -,096 ,086 -1,084 -1,118 ,273
a Dependent Variable: Image of a Company
41
Table 10: Residuals Statistics(a)
Minimum Maximum Mean Std. Deviation N
Predicted Value 2,5086 5,9085 3,6486 ,69881 37
Residual -1,89985 2,20717 ,00000 ,94431 37
Std. Predicted Value -1,631 3,234 ,000 1,000 37
Std. Residual -1,837 2,134 ,000 ,913 37
a Dependent Variable: Image of a Company
42
Chapter 5 – Discussion
The general line of the findings is that image and fit are the areas which
have the highest impact on the image of a company. In other words, the items
that a company should focus on when deciding in which sport they want to
participate.
Brand fit, an area which has always been seen as very important when
it comes to marketing a company, seems to have the same level of
importance for motor sports marketing. The hypothesis was set out to prove
that to participate in motor sports and to have a positive effect on your image,
a company needed to select its field carefully. In other words, companies
dealing with bicycles should focus on cycling races, car manufacturers should
focus on car races, boat manufacturers on boat races and so on.
These results with regard to brand fit (Hypothesis 1) are in line with
what is usually established in marketing research. EMR (2004) and Prajecus
et al (2003) found similar results in their respective research. Their research
shows that the benefits for a company using its marketing budget to sponsor
events or activities that fall within its natural scope of business will receive
much higher benefits.
This result is contradictory to what has been previously witnessed in
motor sports. For example, British American Tobacco (BAT) which is different
from the other tobacco companies present in the Formula 1 because it is an
owner of the British American Racing team. BAT had to make sure, however,
that it’s other presence in motor sport, Reynard Racing Cars, was not
forgotten. That is the main reason why BAT named the Formula 1 team British
American Racing, rather than sticking to Reynard, and the created a logo that
was very close to BAT’s logo. (Carlyle et al, 2004)
The next hypothesis, dealing with brand involvement finds that the
higher the brand involvement, the more positive the effect on the image of a
participating company. This means that taking the step from sponsoring to
ownership of a team is not just something that is done to create a good moral
in the company, taking the step from sponsoring to ownership and active
participation will positively influence a company’s image.
43
This result explains why many teams in motor sports have gone from
being a private team to a factory team. Usually, a company will first become a
sponsor, than a supplier and move gradually to full ownership to reap the full
benefits of being present in the sport. Some exceptions exist, however, such
as Spyker, the Dutch sports car manufacturer, who has skipped every step in
between and has straight gone from no activity in Formula 1, and nearly no
activity in motor sports in general to owning a Formula 1 team.
This is a finding that is supported by most of the research that is done
in the marketing field. EMR (2004) has found that the same result is found in
view of music events: the larger the event, the higher the impact on the image
of the company. This is also supported by previous research in the motoring
industry. For example, the Land Rover expeditions that are exclusively for
Land Rover owners received positive feedback from the participants. Land
Rover could also report that the popularity of this event continued to stay high,
even after it was organized several times.
The third hypothesis deals with the popularity of the sport. This
hypothesis was rejected and therefore shows that companies do not always
need to focus on the highest level of a sport in order to gain positive results
taking into account a changing company image.
A popular sport, like Formula 1, which is known all over the world,
every race watched by millions of people and with drivers from many different
nationalities usually has one drawback: price. Although Formula 1, for
example, seems to be a near perfect fit as a sport for any company searching
for a activity with a high brand involvement, the biggest problem with this
perfect solution is that the costs involved are extremely high. Cost is the one
factor that keeps most companies from getting involved in motor sports. This
research shows that cost does not necessarily have to be a limiting factor
anymore, companies can choose a sport that falls within their budget while
still having a beneficial result.
To go back to the British American Racing example, they have not
produced a competitive car until the 2004 season, yet, BAT was already
satisfied with the effect BAR had on the key brands and adult smokers under
30. At the same time, BAT also was able to create a world wide appeal of the
main brands by using the broadcast media coverage of Formula 1 that was
44
directed at young people. In addition, they also used merchandising proposals
and activities that where aimed at children and young people and increased
their race sponsorships in the emerging markets of Asia. (Carlyle et al, 2004)
The idea of continuing to be present on television via Formula 1 after
the advertising bans was the biggest attraction for BAT. This allowed BAT to
develop Lucky Strike and State Express 555 as global brands. “Formula 1
was seen as particularly valuable because TV coverage is massive around
the world for each of the sixteen races and there is a genuine association with
the team, vital for image building” (Carlyle et al, 2004). Although this result
only shows the effects of Formula 1, BAT was simultaneously also active in
rallying, MotoGP and other forms of motor sports. It is therefore impossible to
conclude that the benefits for BAT only came from participation in Formula 1.
The last hypothesis tested in this research looked at the moderating
effect of the image of the sports event on the image of the brand and was split
in to three parts. The hypothesis that deals with the moderating effect of a
sporting event on brand fit and the hypothesis that looks at the effect of a
sporting event on brand involvement were accepted. The third part of the
hypothesis, with regards to the effect of the sport event on the popularity of a
sport, the hypothesis was rejected.
These results mean that a company wanting to start in motor sports
marketing has to also look at the image of the sport. Companies should be
aware of the responsibilities and risks involved with the effect the image of the
sports event has. If anything goes wrong, the participating companies will also
suffer with regards to their company’s image. According to Grohs et al (2004)
“recent surveys find that while managers favored issues of media coverage
not more than ten years ago, now they rate sponsor awareness and image
transfer from the sponsored event to the sponsor as the main reasons for
engaging in sport C.” Further study by Grohs et al (2004) shows that this
holds true for all sponsors, no matter what type of industry they are present in.
The results of this research show that one factor is extremely important
in motor sports marketing: perception. The perception people have of the
image of the sport, the perception people have with regards to the brand fit
and the perception people have on what a high brand involvement entails will
45
have a high impact on how people perceive your company and thus which
image they will form of your company.
Sports in an ideal marketing tool to create a better image for a
company. Motor sports in particular has certain special aspects that result in a
stronger image for the brand. The whole world of motor sports is based upon
the image it portrays. Motor sports like to keep people guessing about how it
works and what it entails. From this research, it is clear that the higher and
more important people view a sport to be, the higher the impact on your
brand. Motor sports create the same feeling by charging people a very high
amount of money for attending. And when they attend an event, they cannot
freely walk around and view everything, spectators are restricted to public
areas without being able to come close to the drivers and the cars. This keeps
the special image of motor sports alive and creates a transfer of this image to
the companies involved.
In the case of British American Tobacco, it was particularly important to
be able to project a particularly dynamic, young and international imagery,
especially with a larger presence in Formula One. During the 1985 season,
the presence of one driver, Ayrton Senna, who drove the Lotus John Player
Special, revitalized that brand in Brazil. “Research confirms that it has a
younger image than before, is more dynamic, more human and credible and
quite clearly international” (Carlyle et al, 2004).
Furthermore, Formula 1 would allow BAT to build corporate goodwill,
as teams and organisers have generally displayed few qualms about receiving
money from tobacco companies. The role of BAT as a race host has helped
them in creating a relationship with many important decision makers. A
Formula 1 race provides the perfect setting to build relationships, close deals
and generate goodwill for the company. (Carlyle et al, 2004)
46
Chapter 6 – Conclusion
From this study we can conclude that motor sports marketing is not so
different from any other type of marketing. A company needs to ensure a
good brand fit and a high brand involvement in order to have a positive effect
on the image. A company, furthermore, needs to ensure that, whichever sport
they choose, a sport with a positive image is chosen. These factors together
will ensure a positive change on the image of a company.
For companies looking to enter into motor sports marketing through
ownership of a team this research will help in making the decisions necessary
to be successful. Management now knows that image transfer is an important
area and something that needs to be taken into consideration.
Also the difference that can be found when companies participate at
different levels of motor sports is important. This is an issue that is closely
linked to commitment from a company. If a company wants to be present in
the motor sports for many years, it would probably be good to progress from a
lower level to a higher level in order to learn the way things are done in motor
sports.
Furthermore, this research shows that a company to get the best image
transfer should go to the highest possible level of the most popular sport with
the best image. It is clear that not every company has the resources to buy a
Formula 1 team, and that is understandable. A company needs to take the
findings of this research and merge them with what they want to achieve. A
national company does not need to sponsor an international event because
the majority of the viewers will not be potential customers.
One of the limitations of this research is the few respondents that found
time to complete the questionnaire. If more respondents had completed the
questionnaire, the results would carry a higher importance. Although more
respondents would probably give a very similar result, it would probably have
assisted in increasing the level of significance for certain hypotheses.
This research also does not look at the geographic differences that
exist in the market. Certain countries, like the United Kingdom, Germany and
Italy are well known for their racing heritage, while other countries like
47
Belgium and to a certain extent the Netherlands are not considered to be
racing crazed countries. This is a limitation, but also a possibility for future
research to determine if companies need to look at the geographical
possibilities of a motor sports.
If a similar research is conducted in the future, it would probably be
wise to test the long term effect that participation has on the image of a
company. Why does, for example, BMW have an image that reflects their
racing past, while Mercedes, who started racing much earlier, has an image
that is more focused on comfort?
Another area that could be tested is the effect participation has on the
image of a company if the company has nothing to do with technology used in
the sport, like Red Bull who currently own two Formula 1 teams.
Another possibility for future research would be to not make the link
between a car brand and the sport they participate in, but rather only give the
respondent a car brand and see the recall they have to the sport.
Two additional questions that companies need to ask when they want
to look into this topic further is firstly what companies can do to leverage the
image of the sports. Secondly, how can one increase the impact on the
general public of the sport?
48
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I
Appendix I – Questionnaire
I am a marketing student at the Universiteit Maastricht and I would like your cooperation for a
research that I am conducting in connection with my thesis. This research is solely used for
academic purposes and will not be made public. I would appreciate 10 minutes of your time to
help me by completing this questionnaire.
1. Please rate the following statements, relating to Motorsport, on a 1-7 scale.
A. Dislike Like
1 2 3 4 5 6 7
B. Unpleasant Pleasant
1 2 3 4 5 6 7
C. Foolish Wise
1 2 3 4 5 6 7
D. Common Distinctive
1 2 3 4 5 6 7
E. Unlikable Likable
1 2 3 4 5 6 7
F. Unattractive Attractive
1 2 3 4 5 6 7
G. Unenjoyable Enjoyable
1 2 3 4 5 6 7
H. Unappealing Appealing
1 2 3 4 5 6 7
2. Please rate the following statements, relating to motor sport, on a 1-7 scale, 1 being strongly
disagree and 7 being strongly agree
A. I always have a favorable impression of motor sport
Strongly disagree Strongly agree
1 2 3 4 5 6 7
B. Motor sport projects a better image than other sports branches
Strongly disagree Strongly agree
1 2 3 4 5 6 7
II
C. Motor sport is a sport branch that I trust
Strongly disagree Strongly agree
1 2 3 4 5 6 7
D. Motor sport offers high quality events
Strongly disagree Strongly agree
1 2 3 4 5 6 7
3. Please rate the following statements, relating to Formula 1, on a 1-7 scale.
A. Dislike Like
1 2 3 4 5 6 7
B. Unpleasant Pleasant
1 2 3 4 5 6 7
C. Foolish Wise
1 2 3 4 5 6 7
D. Common Distinctive
1 2 3 4 5 6 7
E. Unlikable Likable
1 2 3 4 5 6 7
F. Unattractive Attractive
1 2 3 4 5 6 7
G. Unenjoyable Enjoyable
1 2 3 4 5 6 7
H. Unappealing Appealing
1 2 3 4 5 6 7
4. Please rate the following statements, relating to Formula 1, on a 1-7 scale, 1 being strongly
disagree and 7 being strongly agree
A. I always have a favorable impression of formula 1
Strongly disagree Strongly agree
1 2 3 4 5 6 7
B. Formula 1 projects a better image than other sports
Strongly disagree Strongly agree
1 2 3 4 5 6 7
III
C. Formula 1 is a sport that I trust
Strongly disagree Strongly agree
1 2 3 4 5 6 7
D. Formula 1 offers high quality events
Strongly disagree Strongly agree
1 2 3 4 5 6 7
5. Please rate the following statements with regard to Fiat’s sponsorship of the Ferrari team in
Formula 1 by rating the following statement on a 1-7 scale, 1 being strongly disagree and 7
being strongly agree
A. When I think of Fiat as a sponsor in motor sports, Formula 1 is one of the first sport
categories I think about
Strongly disagree Strongly agree
1 2 3 4 5 6 7
B. The idea of Fiat sponsoring Ferrari in Formula 1 represents a very good fit
Strongly disagree Strongly agree
1 2 3 4 5 6 7
C. I think Fiat is a relevant sponsor in Formula 1
Strongly disagree Strongly agree
1 2 3 4 5 6 7
D. I think Fiat is an appropriate sponsor in Formula 1
Strongly disagree Strongly agree
1 2 3 4 5 6 7
6. Please rate the following statements with regard to Renault’s participation in Formula 1 by
rating the following statement on a 1-7 scale, 1 being strongly disagree and 7 being strongly
agree
A. When I think of Renault as a participant in motor sports, Formula 1 is one of the first sport
categories I think about
Strongly disagree Strongly agree
1 2 3 4 5 6 7
B. The idea of Renault participating in Formula 1 represents a very good fit
Strongly disagree Strongly agree
1 2 3 4 5 6 7
IV
C. I think Renault is a relevant participant in Formula 1
Strongly disagree Strongly agree
1 2 3 4 5 6 7
D. I think Renault is an appropriate participant in Formula 1
Strongly disagree Strongly agree
1 2 3 4 5 6 7
7. Please rate the following statements with regard to Fiat by rating the following statement on
a 1-7 scale, 1 being strongly disagree and 7 being strongly agree
A. Fiat’s image as a car manufacturer is largely dependent on the participation in motor sport.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
B. For Fiat it is important that they participate in circuit racing.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
C. When I think of motor sport, Fiat comes to mind.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
D. Motor sport without Fiat would make for a less interesting sport.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
8. Please rate the following statements with regard to Renault by rating the following statement
on a 1-7 scale, 1 being strongly disagree and 7 being strongly agree
A. Renault’s image as a car manufacturer is largely dependent on the participation in motor
sport.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
B. For Renault it is important that they participate in circuit racing.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
V
C. When I think of motor sport, Renault comes to mind.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
D. Motor sport without Renault would make for a less interesting sport.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
9. Please rate the following statements with regard to Renault by rating the following statement
on a 1-7 scale, 1 being strongly disagree and 7 being strongly agree
A. I always have a favorable impression of Renault.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
B. Renault projects a better image than its competition.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
C. Renault is a company I trust.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
D. Renault offers high quality products.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
10. Please rate the following statements with regard to Fiat by rating the following statement on
a 1-7 scale, 1 being strongly disagree and 7 being strongly agree
A. I always have a favorable impression of Fiat.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
B. Fiat projects a better image than its competition.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
VI
C. Fiat is a company I trust.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
D. Fiat offers high quality products.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
Please complete the following questions.
11. How old are you?
_________________
12. What is your gender (please circle the correct one)?
Male Female
13. What nationality do you have?
o Belgian
o Dutch
o German
o Other ________________________
Thank you for completing this questionnaire. If you have any further questions, feel free to
contact me.
VII
Appendix II – Demographic Data How old are you?
Frequency Percent Valid Percent Cumulative Percent
18 1 2,7 2,8 2,8
23 5 13,5 13,9 16,7
24 1 2,7 2,8 19,4
25 3 8,1 8,3 27,8
26 3 8,1 8,3 36,1
28 2 5,4 5,6 41,7
29 1 2,7 2,8 44,4
30 2 5,4 5,6 50,0
32 1 2,7 2,8 52,8
33 1 2,7 2,8 55,6
34 3 8,1 8,3 63,9
35 1 2,7 2,8 66,7
47 1 2,7 2,8 69,4
48 2 5,4 5,6 75,0
51 1 2,7 2,8 77,8
53 1 2,7 2,8 80,6
55 1 2,7 2,8 83,3
58 1 2,7 2,8 86,1
61 1 2,7 2,8 88,9
62 3 8,1 8,3 97,2
64 1 2,7 2,8 100,0
Valid
Total 36 97,3 100,0
Missing 9999999 1 2,7
Total 37 100,0
18 23 24 25 26 28 29 30 32 33 34 35 47 48 51 53 55 58 61 62 64
Age
0
1
2
3
4
5
Freq
uenc
y
How old are you?
VIII
What nationality do you have?
Frequency Percent Valid Percent Cumulative Percent
Belgian 17 45,9 45,9 45,9
Botswana 2 5,4 5,4 51,4
Dutch 13 35,1 35,1 86,5
German 4 10,8 10,8 97,3
South African
1 2,7 2,7 100,0
Valid
Total 37 100,0 100,0
Belgian
Botswana
Dutch
German
South African
What nationality do you have?
IX
What is your gender?
Frequency Percent Valid Percent Cumulative Percent
Male 22 59,5 59,5 59,5
Female 15 40,5 40,5 100,0
Valid
Total 37 100,0 100,0
Male Female
Gender
0
10
20
30
40
50
60
Perc
en
t
What is your gender?
X
Ap
pe
nd
ix I
II –
Fa
cto
r A
na
lys
is a
nd
Re
lia
bil
ity T
es
t F
acto
r A
naly
sis
Mo
tor
sp
ort
(Q
1)
C
om
mu
na
liti
es
Initial
Extraction
Q1 A - Dislike
1,000
,789
Q1 B - Unpleasant
1,000
,846
Q1 C - Foolish
1,000
,822
Q1 D - Common
1,000
,591
Q1 E - Unlikable
1,000
,882
Q1 F - Unattractive
1,000
,869
Q1 G - Unenjoyable
1,000
,887
Q1 H - Unappealing
1,000
,884
Extraction Method: Principal Component Analysis.
T
ota
l V
ari
an
ce
Ex
pla
ine
d
Initial Eigenvalues
Extraction Sums of Squared Loadings
Component
Total
% of Variance
Cumulative %
Total
% of Variance
Cumulative %
1
6,570
82,123
82,123
6,570
82,123
82,123
2
,537
6,712
88,835
3
,357
4,464
93,298
4
,197
2,463
95,761
5
,165
2,065
97,826
6
,085
1,062
98,888
7
,066
,829
99,717
8
,023
,283
100,000
Extraction Method: Principal Component Analysis.
C
om
po
ne
nt
Ma
trix
(a)
Component
1
Q1 A - Dislike
,888
Q1 B - Unpleasant
,920
Q1 C - Foolish
,907
Q1 D - Common
,769
Q1 E - Unlikable
,939
Q1 F - Unattractive
,932
Q1 G - Unenjoyable
,942
Q1 H - Unappealing
,940
Extraction Method: Principal Component Analysis.
a 1 components extracted.
XI
Reli
ab
ilit
y T
est
Mo
tor
sp
ort
(Q
1)
R
eli
ab
ilit
y S
tati
sti
cs
Cronbach's
Alpha
N of Items
,968
8
It
em
-To
tal
Sta
tis
tic
s
Scale Mean if
Item Deleted
Scale
Variance if
Item Deleted
Corrected
Item-Total
Correlation
Cronbach's
Alpha if Item
Deleted
Q1 A - Dislike
29,43
145,308
,854
,965
Q1 B - Unpleasant
29,32
141,392
,893
,963
Q1 C - Foolish
29,81
150,380
,877
,964
Q1 D - Common
29,27
159,592
,711
,972
Q1 E - Unlikable
29,24
145,078
,920
,961
Q1 F - Unattractive
29,00
142,167
,910
,962
Q1 G - Unenjoyable
29,00
140,444
,922
,961
Q1 H - Unappealing
29,32
141,114
,921
,961
XII
Facto
r A
naly
sis
Mo
tor
sp
ort
s (
Q2)
C
om
mu
na
liti
es
Initial
Extraction
Q2 A - Favorable
1,000
,791
Q2 B - Image
1,000
,711
Q2 C - Trust
1,000
,800
Q2 D - Quality events
1,000
,797
Extraction Method: Principal Component Analysis.
T
ota
l V
ari
an
ce
Ex
pla
ine
d
Initial Eigenvalues
Extraction Sums of Squared Loadings
Component
Total
% of Variance
Cumulative %
Total
% of Variance
Cumulative %
1
3,099
77,480
77,480
3,099
77,480
77,480
2
,393
9,833
87,313
3
,294
7,350
94,663
4
,213
5,337
100,000
Extraction Method: Principal Component Analysis.
C
om
po
ne
nt
Ma
trix
(a)
Component
1
Q2 A - Favorable
,889
Q2 B - Image
,843
Q2 C - Trust
,894
Q2 D - Quality events
,893
Extraction Method: Principal Component Analysis.
a 1 components extracted.
XIII
Reli
ab
ilit
y T
est
Mo
tor
sp
ort
s (
Q2)
R
eli
ab
ilit
y S
tati
sti
cs
Cronbach's
Alpha
N of Items
,903
4
It
em
-To
tal
Sta
tis
tic
s
Scale Mean if
Item Deleted
Scale
Variance if
Item Deleted
Corrected
Item-Total
Correlation
Cronbach's
Alpha if Item
Deleted
Q2 A - Favorable
10,65
24,790
,797
,869
Q2 B - Image
11,46
27,200
,728
,894
Q2 C - Trust
10,92
24,021
,805
,866
Q2 D - Quality events
10,11
24,432
,803
,867
XIV
Facto
r A
naly
sis
Sp
ort
Even
t (Q
3)
C
om
mu
na
liti
es
Initial
Extraction
Q3 A - Dislike
1,000
,865
Q3 B - Unpleasant
1,000
,915
Q3 C - Foolish
1,000
,723
Q3 D - Common
1,000
,470
Q3 E - Unlikable
1,000
,932
Q3 F - Unattractive
1,000
,903
Q3 G - Unenjoyable
1,000
,911
Q3 H - Unappealing
1,000
,898
Extraction Method: Principal Component Analysis.
T
ota
l V
ari
an
ce
Ex
pla
ine
d
Initial Eigenvalues
Extraction Sums of Squared Loadings
Component
Total
% of Variance
Cumulative %
Total
% of Variance
Cumulative %
1
6,617
82,714
82,714
6,617
82,714
82,714
2
,684
8,545
91,259
3
,289
3,611
94,870
4
,243
3,038
97,908
5
,073
,916
98,824
6
,041
,506
99,330
7
,031
,386
99,716
8
,023
,284
100,000
Extraction Method: Principal Component Analysis.
Co
mp
on
en
t M
atr
ix(a
)
Component
1
Q3 A - Dislike
,930
Q3 B - Unpleasant
,957
Q3 C - Foolish
,851
Q3 D - Common
,685
Q3 E - Unlikable
,965
Q3 F - Unattractive
,950
Q3 G - Unenjoyable
,954
Q3 H - Unappealing
,948
Extraction Method: Principal Component Analysis.
a 1 components extracted.
XV
Reli
ab
ilit
y T
est
Sp
ort
Even
t (Q
3)
R
eli
ab
ilit
y S
tati
sti
cs
Cronbach's
Alpha
N of Items
,970
8
It
em
-To
tal
Sta
tis
tic
s
Scale Mean if
Item Deleted
Scale
Variance if
Item Deleted
Corrected
Item-Total
Correlation
Cronbach's
Alpha if Item
Deleted
Q3 A - Dislike
28,97
161,083
,905
,964
Q3 B - Unpleasant
28,81
161,435
,941
,962
Q3 C - Foolish
29,27
171,925
,811
,969
Q3 D - Common
28,54
181,866
,624
,978
Q3 E - Unlikable
28,86
161,953
,951
,962
Q3 F - Unattractive
28,70
160,548
,931
,963
Q3 G - Unenjoyable
28,65
160,790
,936
,962
Q3 H - Unappealing
28,81
159,880
,926
,963
XVI
Facto
r A
naly
sis
Sp
ort
Even
t (Q
4)
C
om
mu
na
liti
es
Initial
Extraction
Q4 A - Favorable
1,000
,817
Q4 B - Image
1,000
,822
Q4 C - Trust
1,000
,909
Q4 D - Quality events
1,000
,812
Extraction Method: Principal Component Analysis.
T
ota
l V
ari
an
ce
Ex
pla
ine
d
Initial Eigenvalues
Extraction Sums of Squared Loadings
Component
Total
% of Variance
Cumulative %
Total
% of Variance
Cumulative %
1
3,360
84,005
84,005
3,360
84,005
84,005
2
,270
6,757
90,762
3
,245
6,133
96,896
4
,124
3,104
100,000
Extraction Method: Principal Component Analysis.
C
om
po
ne
nt
Ma
trix
(a)
Component
1
Q4 A - Favorable
,904
Q4 B - Image
,907
Q4 C - Trust
,953
Q4 D - Quality events
,901
Extraction Method: Principal Component Analysis.
a 1 components extracted.
XVII
Reli
ab
ilit
y T
est
Sp
ort
Even
t (Q
4)
R
eli
ab
ilit
y S
tati
sti
cs
Cronbach's
Alpha
N of Items
,936
4
It
em
-To
tal
Sta
tis
tic
s
Scale Mean if
Item Deleted
Scale
Variance if
Item Deleted
Corrected
Item-Total
Correlation
Cronbach's
Alpha if Item
Deleted
Q4 A - Favorable
11,68
31,725
,829
,923
Q4 B - Image
11,92
31,910
,833
,922
Q4 C - Trust
12,00
30,667
,912
,896
Q4 D - Quality events
11,03
32,027
,824
,925
XVIII
Facto
r A
naly
sis
Bra
nd
Fit
Fia
t (Q
5)
Co
mm
un
aliti
es
Initial
Extraction
Q5 A - Fiat sponsor F1 Sport
category
1,000
,427
Q5 B - Fiat sponsor F1 Fit
1,000
,800
Q5 C - Fiat sponsor F1 Relevant
1,000
,850
Q5 D - Fiat sponsor F1 Appropriate
1,000
,645
Extraction Method: Principal Component Analysis.
T
ota
l V
ari
an
ce
Ex
pla
ine
d
Initial Eigenvalues
Extraction Sums of Squared Loadings
Component
Total
% of Variance
Cumulative %
Total
% of Variance
Cumulative %
1
2,722
68,046
68,046
2,722
68,046
68,046
2
,689
17,216
85,261
3
,426
10,657
95,918
4
,163
4,082
100,000
Extraction Method: Principal Component Analysis.
C
om
po
ne
nt
Ma
trix
(a)
Component
1
Q5 A - Fiat sponsor F1 Sport category
,653
Q5 B - Fiat sponsor F1 Fit
,895
Q5 C - Fiat sponsor F1 Relevant
,922
Q5 D - Fiat sponsor F1 Appropriate
,803
Extraction Method: Principal Component Analysis.
a 1 components extracted.
XIX
Reli
ab
ilit
y T
est
Bra
nd
Fit
Fia
t (Q
5)
R
eli
ab
ilit
y S
tati
sti
cs
Cronbach's
Alpha
N of Items
,831
4
It
em
-To
tal
Sta
tis
tic
s
Scale Mean if
Item Deleted
Scale
Variance if
Item Deleted
Corrected
Item-Total
Correlation
Cronbach's
Alpha if Item
Deleted
Q5 A - Fiat sponsor F1
Sport category
12,19
21,602
,479
,875
Q5 B - Fiat sponsor F1 Fit
11,65
18,790
,759
,740
Q5 C - Fiat sponsor F1
Relevant
11,46
18,866
,814
,716
Q5 D - Fiat sponsor F1
Appropriate
11,16
22,417
,631
,802
XX
Facto
r A
naly
sis
Bra
nd
Fit
Ren
au
lt (
Q6)
C
om
mu
na
liti
es
Initial
Extraction
Q6 A - Renault sponsor F1 Sport
category
1,000
,646
Q6 B - Renault sponsor F1 Fit
1,000
,828
Q6 C - Renault sponsor F1 Relevant
1,000
,886
Q6 D - Renault sponsor F1 Appropriate
1,000
,828
Extraction Method: Principal Component Analysis.
T
ota
l V
ari
an
ce
Ex
pla
ine
d
Initial Eigenvalues
Extraction Sums of Squared Loadings
Component
Total
% of Variance
Cumulative %
Total
% of Variance
Cumulative %
1
3,188
79,704
79,704
3,188
79,704
79,704
2
,482
12,058
91,762
3
,229
5,718
97,480
4
,101
2,520
100,000
Extraction Method: Principal Component Analysis.
C
om
po
ne
nt
Ma
trix
(a)
Component
1
Q6 A - Renault sponsor F1 Sport
category
,804
Q6 B - Renault sponsor F1 Fit
,910
Q6 C - Renault sponsor F1 Relevant
,941
Q6 D - Renault sponsor F1 Appropriate
,910
Extraction Method: Principal Component Analysis.
a 1 components extracted.
XXI
Reli
ab
ilit
y T
est
Bra
nd
Fit
Ren
au
lt (
Q6)
R
eli
ab
ilit
y S
tati
sti
cs
Cronbach's
Alpha
N of Items
,909
4
It
em
-To
tal
Sta
tis
tic
s
Scale Mean if
Item Deleted
Scale
Variance if
Item Deleted
Corrected
Item-Total
Correlation
Cronbach's
Alpha if Item
Deleted
Q6 A - Renault sponsor
F1 Sport category
13,81
20,880
,682
,928
Q6 B - Renault sponsor
F1 Fit
13,92
20,188
,825
,872
Q6 C - Renault sponsor
F1 Relevant
13,81
20,380
,882
,853
Q6 D - Renault sponsor
F1 Appropriate
13,59
21,914
,817
,878
XXII
Facto
r A
naly
sis
Bra
nd
In
vo
lvem
en
t F
iat
(Q7)
C
om
mu
na
liti
es
Initial
Extraction
Q7 A - Fiat image
1,000
,758
Q7 B - Fiat important participate
1,000
,668
Q7 C - Fiat motor sport
1,000
,737
Q7 D - Fiat less interesting sport
1,000
,603
Extraction Method: Principal Component Analysis.
T
ota
l V
ari
an
ce
Ex
pla
ine
d
Initial Eigenvalues
Extraction Sums of Squared Loadings
Component
Total
% of Variance
Cumulative %
Total
% of Variance
Cumulative %
1
2,766
69,152
69,152
2,766
69,152
69,152
2
,542
13,561
82,713
3
,465
11,627
94,340
4
,226
5,660
100,000
Extraction Method: Principal Component Analysis.
C
om
po
ne
nt
Ma
trix
(a)
Component
1
Q7 A - Fiat image
,871
Q7 B - Fiat important participate
,817
Q7 C - Fiat motor sport
,858
Q7 D - Fiat less interesting sport
,777
Extraction Method: Principal Component Analysis.
a 1 components extracted.
XXIII
Reli
ab
ilit
y T
est
Bra
nd
In
vo
lvem
en
t F
iat
Q7
R
eli
ab
ilit
y S
tati
sti
cs
Cronbach's
Alpha
N of Items
,845
4
It
em
-To
tal
Sta
tis
tic
s
Scale Mean if
Item Deleted
Scale
Variance if
Item Deleted
Corrected
Item-Total
Correlation
Cronbach's
Alpha if Item
Deleted
Q7 A - Fiat image
8,89
19,266
,742
,786
Q7 B - Fiat important
participate
8,08
18,077
,663
,812
Q7 C - Fiat motor sport
9,03
17,305
,722
,786
Q7 D - Fiat less
interesting sport
8,78
17,841
,624
,832
XXIV
Facto
r A
naly
sis
Bra
nd
In
vo
lvem
en
t R
en
au
lt (
Q8)
C
om
mu
na
liti
es
Initial
Extraction
Q8 A - Renault im
age
1,000
,782
Q8 B - Renault im
portant participate
1,000
,632
Q8 C - Renault motor sport
1,000
,773
Q8 D - Renault less interesting sport
1,000
,678
Extraction Method: Principal Component Analysis.
T
ota
l V
ari
an
ce
Ex
pla
ine
d
Initial Eigenvalues
Extraction Sums of Squared Loadings
Component
Total
% of Variance
Cumulative %
Total
% of Variance
Cumulative %
1
2,865
71,618
71,618
2,865
71,618
71,618
2
,620
15,488
87,106
3
,273
6,816
93,922
4
,243
6,078
100,000
Extraction Method: Principal Component Analysis.
C
om
po
ne
nt
Ma
trix
(a)
Component
1
Q8 A - Renault im
age
,884
Q8 B - Renault im
portant participate
,795
Q8 C - Renault motor sport
,879
Q8 D - Renault less interesting sport
,824
Extraction Method: Principal Component Analysis.
a 1 components extracted.
XXV
Reli
ab
ilit
y T
est
Bra
nd
In
vo
lvem
en
t R
en
au
lt (
Q8)
R
eli
ab
ilit
y S
tati
sti
cs
Cronbach's
Alpha
N of Items
,867
4
It
em
-To
tal
Sta
tis
tic
s
Scale Mean if
Item Deleted
Scale
Variance if
Item Deleted
Corrected
Item-Total
Correlation
Cronbach's
Alpha if Item
Deleted
Q8 A - Renault im
age
9,95
17,719
,781
,803
Q8 B - Renault
important participate
9,35
18,790
,648
,858
Q8 C - Renault motor
sport
9,92
17,743
,765
,810
Q8 D - Renault less
interesting sport
10,43
19,530
,680
,844
XXVI
Facto
r A
naly
sis
Co
mp
an
y I
mag
e F
iat
(Q9)
C
om
mu
na
liti
es
Initial
Extraction
Q9 A - Fiat favorable
1,000
,855
Q9 B - Fiat image
competition
1,000
,836
Q9 C - Fiat trust
1,000
,893
Q9 D - Fiat quality
1,000
,832
Extraction Method: Principal Component Analysis.
T
ota
l V
ari
an
ce
Ex
pla
ine
d
Initial Eigenvalues
Extraction Sums of Squared Loadings
Component
Total
% of Variance
Cumulative %
Total
% of Variance
Cumulative %
1
3,416
85,391
85,391
3,416
85,391
85,391
2
,230
5,762
91,153
3
,215
5,377
96,530
4
,139
3,470
100,000
Extraction Method: Principal Component Analysis.
C
om
po
ne
nt
Ma
trix
(a)
Component
1
Q9 A - Fiat favorable
,925
Q9 B - Fiat image
competition
,914
Q9 C - Fiat trust
,945
Q9 D - Fiat quality
,912
Extraction Method: Principal Component Analysis.
a 1 components extracted.
XXVII
Reli
ab
ilit
y T
est
Co
mp
an
y I
mag
e F
iat
(Q9)
R
eli
ab
ilit
y S
tati
sti
cs
Cronbach's
Alpha
N of Items
,943
4
It
em
-To
tal
Sta
tis
tic
s
Scale Mean if
Item Deleted
Scale
Variance if
Item Deleted
Corrected
Item-Total
Correlation
Cronbach's
Alpha if Item
Deleted
Q9 A - Fiat favorable
10,78
22,230
,865
,925
Q9 B - Fiat image
competition
11,03
21,971
,848
,929
Q9 C - Fiat trust
10,54
20,422
,898
,914
Q9 D - Fiat quality
10,54
21,477
,844
,931
XXVIII
Facto
r A
naly
sis
Co
mp
an
y I
mag
e R
en
au
lt (
Q10)
C
om
mu
na
liti
es
Initial
Extraction
Q10 A - Renault favorable
1,000
,790
Q10 B - Renault im
age
competition
1,000
,781
Q10 C - Renault trust
1,000
,855
Q10 D - Renault quality
1,000
,711
Extraction Method: Principal Component Analysis.
T
ota
l V
ari
an
ce
Ex
pla
ine
d
Initial Eigenvalues
Extraction Sums of Squared Loadings
Component
Total
% of Variance
Cumulative %
Total
% of Variance
Cumulative %
1
3,136
78,412
78,412
3,136
78,412
78,412
2
,416
10,404
88,817
3
,253
6,331
95,147
4
,194
4,853
100,000
Extraction Method: Principal Component Analysis.
C
om
po
ne
nt
Ma
trix
(a)
Component
1
Q10 A - Renault favorable
,889
Q10 B - Renault im
age
competition
,884
Q10 C - Renault trust
,925
Q10 D - Renault quality
,843
Extraction Method: Principal Component Analysis.
a 1 components extracted.
XXIX
Reli
ab
ilit
y T
est
Co
mp
an
y I
mag
e R
en
au
lt (
Q10)
R
eli
ab
ilit
y S
tati
sti
cs
Cronbach's
Alpha
N of Items
,907
4
It
em
-To
tal
Sta
tis
tic
s
Scale Mean if
Item Deleted
Scale
Variance if
Item Deleted
Corrected
Item-Total
Correlation
Cronbach's
Alpha if Item
Deleted
Q10 A - Renault favorable
11,30
12,992
,799
,878
Q10 B - Renault im
age
competition
11,46
13,811
,792
,879
Q10 C - Renault trust
11,19
12,880
,855
,856
Q10 D - Renault quality
10,73
15,314
,729
,902
XXX
Facto
r A
naly
sis
Co
mm
un
aliti
es
Initial
Extraction
Q1 A - Dislike
1,000
,896
Q1 B - Unpleasant
1,000
,846
Q1 C - Foolish
1,000
,908
Q1 D - Common
1,000
,876
Q1 E - Unlikable
1,000
,909
Q1 F - Unattractive
1,000
,939
Q1 G - Unenjoyable
1,000
,949
Q1 H - Unappealing
1,000
,926
Q2 A - Favorable
1,000
,888
Q2 B - Image
1,000
,695
Q2 C - Trust
1,000
,784
Q2 D - Quality events
1,000
,894
Q3 A - Dislike
1,000
,911
Q3 B - Unpleasant
1,000
,914
Q3 C - Foolish
1,000
,908
Q3 D - Common
1,000
,772
Q3 E - Unlikable
1,000
,959
Q3 F - Unattractive
1,000
,945
Q3 G - Unenjoyable
1,000
,962
Q3 H - Unappealing
1,000
,960
Q4 A - Favorable
1,000
,953
Q4 B - Image
1,000
,896
Q4 C - Trust
1,000
,907
Q4 D - Quality events
1,000
,898
XXXI
Q5 A - Fiat sponsor F1
Sport category
1,000
,809
Q5 B - Fiat sponsor F1 Fit
1,000
,860
Q5 C - Fiat sponsor F1
Relevant
1,000
,900
Q5 D - Fiat sponsor F1
Appropriate
1,000
,825
Q6 A - Renault sponsor F1
Sport category
1,000
,829
Q6 B - Renault sponsor F1
Fit
1,000
,894
Q6 C - Renault sponsor F1
Relevant
1,000
,901
Q6 D - Renault sponsor F1
Appropriate
1,000
,876
Q7 A - Fiat image
1,000
,869
Q7 B - Fiat important
participate
1,000
,941
Q7 C - Fiat motor sport
1,000
,841
Q7 D - Fiat less interesting
sport
1,000
,839
Q8 A - Renault im
age
1,000
,835
Q8 B - Renault im
portant
participate
1,000
,883
Q8 C - Renault motor sport
1,000
,881
Q8 D - Renault less
interesting sport
1,000
,779
Q9 A - Fiat favorable
1,000
,902
Q9 B - Fiat image
competition
1,000
,866
Q9 C - Fiat trust
1,000
,915
Q9 D - Fiat quality
1,000
,888
XXXII
Q10 A - Renault favorable
1,000
,859
Q10 B - Renault im
age
competition
1,000
,850
Q10 C - Renault trust
1,000
,900
Q10 D - Renault quality
1,000
,739
Extraction Method: Principal Component Analysis.
T
ota
l V
ari
an
ce
Ex
pla
ine
d
Initial Eigenvalues
Extraction Sums of Squared Loadings
Rotation Sums of Squared Loadings
Component
Total
% of Variance
Cumulative %
Total
% of Variance
Cumulative %
Total
% of Variance
Cumulative %
1
23,206
48,347
48,347
23,206
48,347
48,347
14,483
30,174
30,174
2
4,833
10,069
58,416
4,833
10,069
58,416
4,276
8,909
39,083
3
3,003
6,256
64,672
3,003
6,256
64,672
3,748
7,809
46,892
4
2,615
5,447
70,119
2,615
5,447
70,119
3,634
7,571
54,463
5
2,389
4,977
75,096
2,389
4,977
75,096
3,559
7,414
61,877
6
2,034
4,238
79,334
2,034
4,238
79,334
3,521
7,336
69,213
7
1,671
3,480
82,814
1,671
3,480
82,814
3,253
6,776
75,989
8
1,305
2,719
85,534
1,305
2,719
85,534
3,076
6,408
82,397
9
1,120
2,334
87,867
1,120
2,334
87,867
2,626
5,471
87,867
10
,776
1,617
89,485
11
,658
1,371
90,856
12
,589
1,227
92,083
13
,549
1,143
93,226
14
,458
,954
94,180
15
,405
,845
95,025
16
,375
,782
95,807
17
,353
,735
96,542
18
,254
,529
97,071
19
,201
,418
97,489
20
,196
,407
97,896
21
,182
,379
98,275
XXXIII
22
,160
,332
98,608
23
,128
,267
98,875
24
,101
,211
99,086
25
,080
,167
99,253
26
,070
,146
99,399
27
,061
,127
99,526
28
,052
,109
99,635
29
,046
,095
99,730
30
,039
,082
99,812
31
,027
,056
99,868
32
,024
,050
99,919
33
,017
,035
99,954
34
,010
,021
99,975
35
,007
,016
99,990
36
,005
,010
100,000
37
1,271E-15
2,647E-15
100,000
38
6,688E-16
1,393E-15
100,000
39
4,465E-16
9,301E-16
100,000
40
3,826E-16
7,970E-16
100,000
41
9,194E-17
1,915E-16
100,000
42
5,092E-17
1,061E-16
100,000
43
7,861E-18
1,638E-17
100,000
44
-9,753E-17
-2,032E-16
100,000
45
-1,770E-16
-3,687E-16
100,000
46
-3,040E-16
-6,334E-16
100,000
47
-4,342E-16
-9,045E-16
100,000
48
-9,426E-16
-1,964E-15
100,000
Extraction Method: Principal Component Analysis.
XXXIV
Co
mp
on
en
t M
atr
ix(a
)
Component
1
2
3
4
5
6
7
8
9
Q1 A - Dislike
,842
-,100
-,108
,085
,345
-,061
,037
,098
-,154
Q1 B - Unpleasant
,830
-,070
-,129
-,055
,216
-,209
-,069
,008
-,191
Q1 C - Foolish
,858
-,096
-,073
-,170
,166
-,178
,056
-,039
-,255
Q1 D - Common
,675
,091
-,210
-,194
,068
-,528
,097
,169
-,094
Q1 E - Unlikable
,826
-,071
-,315
-,169
,248
-,052
-,155
,068
-,035
Q1 F - Unattractive
,872
-,216
-,212
-,094
,011
-,039
-,208
-,095
-,155
Q1 G - Unenjoyable
,828
-,126
-,377
-,174
,156
,058
-,209
,003
-,069
Q1 H - Unappealing
,856
-,063
-,331
-,140
,105
,003
-,217
-,037
,017
Q2 A - Favorable
,872
-,206
-,203
-,098
,152
,025
-,002
-,067
-,077
Q2 B - Image
,792
,031
,101
,041
-,013
-,157
,064
-,004
,161
Q2 C - Trust
,824
-,086
-,012
,075
-,133
-,116
,221
-,024
,107
Q2 D - Quality events
,743
-,051
-,202
,108
-,002
-,445
,264
,012
,139
Q3 A - Dislike
,860
-,261
-,003
,287
,103
,077
-,062
,016
,024
Q3 B - Unpleasant
,870
-,307
,039
,225
,008
,073
-,069
,018
-,024
Q3 C - Foolish
,868
-,202
-,037
-,106
,093
-,129
-,073
-,234
-,124
Q3 D - Common
,772 -6,094E-05
,087
-,108
-,057
-,366
,099
,098
,004
Q3 E - Unlikable
,859
-,295
-,108
,151
-,160
,243
-,113
,007
,056
Q3 F - Unattractive
,818
-,267
-,161
,163
-,215
,193
-,253
-,058
,020
Q3 G - Unenjoyable
,857
-,267
-,167
,100
-,177
,243
-,152
,002
,070
Q3 H - Unappealing
,838
-,290
-,170
,099
-,208
,257
-,065
-,016
,143
Q4 A - Favorable
,881
-,310
-,053
,148
-,127
,159
-,021
-,016
,119
Q4 B - Image
,778
-,055
,115
,037
-,390
-,203
,158
,026
,233
Q4 C - Trust
,824
-,120
-,009
,122
-,257
-,034
,207
,060
,292
Q4 D - Quality events
,780
-,126
-,136
,165
-,043
-,290
,263
,040
,267
XXXV
Q5 A - Fiat sponsor F1
Sport category
,479
-,014
,609
,226
-,061
-,059
,082
,376
,044
Q5 B - Fiat sponsor F1 Fit
,567
,318
,417
-,134
,342
-,139
-,216
-,180
,170
Q5 C - Fiat sponsor F1
Relevant
,509
,211
,543
-,114
,341
-,117
-,386
,051
,085
Q5 D - Fiat sponsor F1
Appropriate
,510
,245
,211
,002
,300
,114
-,401
,076
,437
Q6 A - Renault sponsor F1
Sport category
,486
-,082
,352
-,424
,054
,171
,344
,344
-,117
Q6 B - Renault sponsor F1
Fit
,661
,111
,092
-,447
,132
,304
,318
-,155
,037
Q6 C - Renault sponsor F1
Relevant
,676
-,004
,184
-,371
,218
,393
,110
,230
-,073
Q6 D - Renault sponsor F1
Appropriate
,662
,065
,075
-,416
,266
,335
,190
,053
,182
Q7 A - Fiat image
,620
,281
,147
,019
-,545
,048
-,087
-,215
-,175
Q7 B - Fiat important
participate
,539
,454
,379
-,109
-,123
-,003
,062
-,515
-,065
Q7 C - Fiat motor sport
,512
,240
,420
,300
-,311
-,055
-,356
,035
-,164
Q7 D - Fiat less interesting
sport
,535
,234
,437
-,245
-,123
-,370
-,264
,141
-,073
Q8 A - Renault im
age
,743
,101
,258
,214
-,066
-,106
,228
-,234
-,194
Q8 B - Renault im
portant
participate
,678
,174
,223
-,045
,165
,196
,271
-,446
,055
Q8 C - Renault motor sport
,724
-,159
,225
,241
-,105
,287
,110
,074
-,335
Q8 D - Renault less
interesting sport
,666
-,011
,337
,107
-,265
,196
,066
,271
-,154
Q9 A - Fiat favorable
,433
,704
-,251
-,124
-,242
-,012
-,228
,170
-,021
Q9 B - Fiat image
competition
,345
,739
-,313
-,152
-,207
,095
-,035
,072
,149
Q9 C - Fiat trust
,339
,682
-,279
-,278
-,283
,257
,031
,176
-,049
Q9 D - Fiat quality
,298
,655
-,282
-,351
-,403
-,048
,001
-,051
-,010
XXXVI
Q10 A - Renault favorable
,367
,524
-,173
,490
,328
,105
,019
,104
-,223
Q10 B - Renault im
age
competition
,311
,595
,015
,492
,300
,197
,046
-,118
,109
Q10 C - Renault trust
,237
,648
-,181
,507
,256
,089
,164
,182
,030
Q10 D - Renault quality
,371
,594
-,217
,318
,196
-,109
,203
-,007
-,095
Extraction Method: Principal Component Analysis.
a 9 components extracted.
XXXVII
Reli
ab
ilit
y T
est
R
eli
ab
ilit
y S
tati
sti
cs
Cronbach's
Alpha
N of Items
,976
48
It
em
-To
tal
Sta
tis
tic
s
Scale Mean if
Item Deleted
Scale
Variance if
Item Deleted
Corrected
Item-Total
Correlation
Cronbach's
Alpha if Item
Deleted
Q1 A - Dislike
180,16
3315,529
,820
,975
Q1 B - Unpleasant
180,05
3308,608
,806
,975
Q1 C - Foolish
180,54
3338,977
,834
,975
Q1 D - Common
180,00
3384,222
,660
,975
Q1 E - Unlikable
179,97
3329,805
,801
,975
Q1 F - Unattractive
179,73
3307,703
,838
,974
Q1 G - Unenjoyable
179,73
3311,647
,798
,975
Q1 H - Unappealing
180,05
3306,219
,834
,975
Q2 A - Favorable
180,49
3318,757
,839
,975
Q2 B - Image
181,30
3345,659
,780
,975
Q2 C - Trust
180,76
3319,745
,802
,975
Q2 D - Quality events
179,95
3342,441
,715
,975
Q3 A - Dislike
180,24
3296,689
,830
,975
Q3 B - Unpleasant
180,08
3303,021
,838
,974
Q3 C - Foolish
180,54
3323,366
,835
,975
Q3 D - Common
179,81
3347,602
,755
,975
Q3 E - Unlikable
180,14
3309,342
,827
,975
Q3 F - Unattractive
179,97
3310,138
,784
,975
Q3 G - Unenjoyable
179,92
3302,521
,825
,975
XXXVIII
Q3 H - Unappealing
180,08
3302,132
,804
,975
Q4 A - Favorable
180,35
3300,734
,848
,974
Q4 B - Image
180,59
3322,970
,761
,975
Q4 C - Trust
180,68
3314,281
,803
,975
Q4 D - Quality events
179,70
3324,604
,752
,975
Q5 A - Fiat sponsor F1
Sport category
180,92
3392,465
,466
,976
Q5 B - Fiat sponsor F1 Fit
180,38
3377,908
,571
,975
Q5 C - Fiat sponsor F1
Relevant
180,19
3397,269
,507
,975
Q5 D - Fiat sponsor F1
Appropriate
179,89
3406,599
,514
,975
Q6 A - Renault sponsor F1
Sport category
179,65
3400,068
,462
,976
Q6 B - Renault sponsor F1
Fit
179,76
3370,967
,649
,975
Q6 C - Renault sponsor F1
Relevant
179,65
3376,623
,661
,975
Q6 D - Renault sponsor F1
Appropriate
179,43
3386,197
,649
,975
Q7 A - Fiat image
181,51
3397,868
,624
,975
Q7 B - Fiat important
participate
180,70
3391,826
,549
,975
Q7 C - Fiat motor sport
181,65
3397,568
,515
,975
Q7 D - Fiat less interesting
sport
181,41
3388,303
,534
,975
Q8 A - Renault im
age
180,95
3360,108
,733
,975
Q8 B - Renault im
portant
participate
180,35
3367,456
,670
,975
Q8 C - Renault motor sport
180,92
3364,965
,699
,975
Q8 D - Renault less
interesting sport
181,43
3382,252
,655
,975
XXXIX
Q9 A - Fiat favorable
180,70
3415,937
,465
,976
Q9 B - Fiat image
competition
180,95
3429,775
,376
,976
Q9 C - Fiat trust
180,46
3426,700
,365
,976
Q9 D - Fiat quality
180,46
3438,033
,319
,976
Q10 A - Renault favorable
180,62
3435,353
,383
,976
Q10 B - Renault im
age
competition
180,78
3448,452
,335
,976
Q10 C - Renault trust
180,51
3457,590
,264
,976
Q10 D - Renault quality
180,05
3446,830
,391
,976
XL
Ap
pe
nd
ix I
V –
Pa
ire
d S
am
ple
T-T
es
t
Pa
ire
d S
am
ple
s S
tati
sti
cs
Mean
N
Std. Deviation
Std. Error
Mean
Popularity of
the sport
4,1815
37
1,80471
,29669
Pair 1
Popularity of
the sport
3,5946
37
1,64396
,27027
Sport event
4,0772
37
1,92654
,31672
Pair 2
Sport event
3,8851
37
1,85367
,30474
Brand fit
4,0631
37
1,54927
,25470
Pair 3
Brand fit
4,6036
37
1,52315
,25040
Brand
involvement
2,8986
37
1,38376
,22749
Pair 4
Brand
involvement
3,3041
37
1,40081
,23029
Image of a
company
3,5743
37
1,53191
,25184
Pair 5
Image of a
company
3,7230
37
1,21733
,20013
Popularity of
the sport
4,1815
37
1,80471
,29669
Pair 6
Sport event
4,0772
37
1,92654
,31672
Popularity of
the sport
3,5946
37
1,64396
,27027
Pair 7
Sport event
3,8851
37
1,85367
,30474
XLI
P
air
ed
Sa
mp
les
Co
rre
lati
on
s
N
Correlation
Sig.
Pair 1
Popularity of the
sport &
Popularity of the
sport
37
,853
,000
Pair 2
Sport event &
Sport event
37
,870
,000
Pair 3
Brand fit &
Brand fit
37
,522
,001
Pair 4
Brand
involvement &
Brand
involvement
37
,673
,000
Pair 5
Image of a
company &
Image of a
company
37
,454
,005
Pair 6
Popularity of the
sport & Sport
event
37
,840
,000
Pair 7
Popularity of the
sport & Sport
event
37
,896
,000
XLII
P
air
ed
Sa
mp
les
Te
st
Paired Differences 95% Confidence Interval
of the Difference
Mean
Std. Deviation
Std. Error
Mean
Lower
Upper
t df
Sig. (2-tailed)
Pair 1
Popularity of the
sport -
Popularity of the
sport
,58687
,94744
,15576
,27098
,90276
3,768
36
,001
Pair 2
Sport event -
Sport event
,19208
,96489
,15863
-,12962
,51379
1,211
36
,234
Pair 3
Brand fit - Brand
fit
-,54054
1,50175
,24689
-1,04125
-,03983
-2,189
36
,035
Pair 4
Brand
involvement -
Brand
involvement
-,40541
1,12631
,18516
-,78094
-,02987
-2,189
36
,035
Pair 5
Image of a
company -
Image of a
company
-,14865
1,46185
,24033
-,63605
,33876
-,619
36
,540
Pair 6
Popularity of the
sport - Sport
event
,10425
1,06141
,17449
-,24964
,45814
,597
36
,554
Pair 7
Popularity of the
sport - Sport
event
-,29054
,82182
,13511
-,56455
-,01653
-2,150
36
,038
XLIII
Ap
pe
nd
ix V
– R
eg
res
sio
n A
na
lys
is
D
es
cri
pti
ve
Sta
tis
tic
s
Mean
Std. Deviation
N
Image of a Company
3,6486
1,17476
37
Brand Fit
4,3333
1,34026
37
Brand Involvement
3,1014
1,27334
37
Popularity of the Sport
3,8880
1,65993
37
Sport event - Brand fit
18,7121
12,12106
37
Sport event - Brand
Involvement
13,9896
10,34150
37
Sport event - popularity
of the sport
18,0597
13,25764
37
XLIV
Co
rre
lati
on
s
Image of a
Company
Brand Fit
Brand
Involvement
Popularity of
the Sport
Sport event
- Brand fit
Sport event -
Brand
Involvement
Sport event -
popularity of
the sport
Image of a Company
1,000
,368
,426
,344
,353
,433
,338
Brand Fit
,368
1,000
,659
,643
,782
,629
,618
Brand Involvement
,426
,659
1,000
,662
,745
,899
,710
Popularity of the Sport
,344
,643
,662
1,000
,856
,813
,931
Sport event - Brand fit
,353
,782
,745
,856
1,000
,913
,938
Sport event - Brand
Involvement
,433
,629
,899
,813
,913
1,000
,917
Pearson Correlation
Sport event -
popularity of the sport
,338
,618
,710
,931
,938
,917
1,000
Image of a Company
. ,012
,004
,019
,016
,004
,020
Brand Fit
,012
. ,000
,000
,000
,000
,000
Brand Involvement
,004
,000
. ,000
,000
,000
,000
Popularity of the Sport
,019
,000
,000
. ,000
,000
,000
Sport event - Brand fit
,016
,000
,000
,000
. ,000
,000
Sport event - Brand
Involvement
,004
,000
,000
,000
,000
. ,000
Sig. (1-tailed)
Sport event -
popularity of the sport
,020
,000
,000
,000
,000
,000
.
Image of a Company
37
37
37
37
37
37
37
Brand Fit
37
37
37
37
37
37
37
Brand Involvement
37
37
37
37
37
37
37
Popularity of the Sport
37
37
37
37
37
37
37
Sport event - Brand fit
37
37
37
37
37
37
37
Sport event - Brand
Involvement
37
37
37
37
37
37
37
N
Sport event -
popularity of the sport
37
37
37
37
37
37
37
XLV
V
ari
ab
les E
nte
red
/Re
mo
ve
d(b
)
Model
Variables Entered
Variables
Removed
Method
1
Sport event - popularity of the
sport, Brand Fit, Brand
Involvement, Popularity of the
Sport, Sport event - Brand fit,
Sport event - Brand
Involvement(a)
. Enter
a All requested variables entered.
b Dependent Variable: Image of a Company
M
od
el
Su
mm
ary
(b)
Model
R
R Square
Adjusted R
Square
Std. Error of
the Estimate
1
,595(a)
,354
,225
1,03444
a Predictors: (Constant), Sport event - popularity of the sport, Brand Fit, Brand Involvement, Popularity of the Sport, Sport event - Brand fit, Sport event - Brand Involvement
b Dependent Variable: Image of a Company
A
NO
VA
(b)
Model
Sum of
Squares
df
Mean Square
F
Sig.
1
Regression
17,580
6
2,930
2,738
,030(a)
Residual
32,102
30
1,070
Total
49,682
36
a Predictors: (Constant), Sport event - popularity of the sport, Brand Fit, Brand Involvement, Popularity of the Sport, Sport event - Brand fit, Sport event - Brand Involvement
b Dependent Variable: Image of a Company
XLVI
Co
eff
icie
nts
(a)
Model
Unstandardized
Coefficients
Standardized
Coefficients
t Sig.
B
Std. Error
Beta
1
(Constant)
2,387
,799
2,987
,006
Brand Fit
,803
,370
,916
2,173
,038
Brand Involvement
-1,259
,621
-1,365
-2,029
,051
Popularity of the Sport
,357
,356
,504
1,001
,325
Sport event - Brand fit
-,164
,086
-1,688
-1,898
,067
Sport event - Brand Involvement
,364
,137
3,207
2,658
,012
Sport event - popularity of the sport
-,096
,086
-1,084
-1,118
,273
a Dependent Variable: Image of a Company
R
es
idu
als
Sta
tis
tic
s(a
)
Minimum
Maximum
Mean
Std. Deviation
N
Predicted Value
2,5086
5,9085
3,6486
,69881
37
Residual
-1,89985
2,20717
,00000
,94431
37
Std. Predicted Value
-1,631
3,234
,000
1,000
37
Std. Residual
-1,837
2,134
,000
,913
37
a Dependent Variable: Image of a Company
XLVII
-2-1
01
23
Reg
ress
ion
Sta
nd
ard
ized
Res
idu
al
024681012 Frequency
Mea
n = 2,46
E-16
Std. D
ev. =
0,913
N = 37
Dep
end
ent
Var
iab
le:
Imag
e o
f a
Co
mp
any
His
tog
ram
0,0
0,2
0,4
0,6
0,8
1,0
Ob
serv
ed C
um
Pro
b
0,0
0,2
0,4
0,6
0,8
1,0
Expected Cum ProbDep
end
ent
Var
iab
le:
Imag
e o
f a
Co
mp
any
No
rmal
P-P
Plo
t o
f R
egre
ssio
n S
tan
dar
diz
ed R
esid
ual
Ch
art
48