Inside NEFT Vodka’s Strategy for Maximizing Brand Reach at the Formula 1 Vegas Grand Prix
NEFT Vodka is gearing up with a robust marketing mix for the 2024 Las Vegas Grand Prix, merging the brand’s sophistication with the high energy of Formula 1.
As the official sponsor of the Visa Cash App RB Formula 1 team, NEFT Vodka is deeply rooted in F1’s landscape, and this November, its activations aim to elevate the brand’s connection to the sport.
Following a successful 2023 debut at the Las Vegas Grand Prix, NEFT Vodka returns with expanded brand experiences targeting global markets. Highlights include an exclusive event at the Palms Hotel featuring an F1 meet-and-greet and NEFT Vodka-crafted cocktails, creating a luxe atmosphere for influencers, celebrities, and fans.
With its activations, NEFT Vodka aims to amplify reach among Formula 1’s expansive international audience, with a particular focus on the Las Vegas event. This includes creating premium content, coordinating events, and engaging fans through social media.
Ernie Manansala Jr., Global Chief Marketing Officer at NEFT Vodka, said that NEFT Vodka will measure the success of its Las Vegas F1 activation using a combination of qualitative and quantitative metrics, focusing on meaningful engagement, brand awareness, and real-time audience connections.
“Using these social moments, we’ll implement geo-fencing to direct customers to local retailers, elevating NEFT Vodka’s presence in targeted regions and boosting in-store visibility,” he said. “In terms of expected outcomes, we anticipate an increase in brand visibility and a deeper level of engagement with our target audience. Through this activation, we aim to solidify NEFT Vodka as not only a premium spirit but a lifestyle brand that aligns with the passion and allure of Formula 1.”
For the F1 race, NEFT Vodka’s social media priorities will center on Instagram and TikTok, leveraging both platforms to creatively capture the energy of the event and engage audiences in real time. These channels will feature everything from behind-the-scenes moments to race-day highlights, all crafted to bring fans closer to the excitement of F1 and the NEFT Vodka experience.
NEFT Vodka is also dedicating part of its marketing budget to a digital OOH billboard on the side of the Palms Hotel, highlighting the brand’s presence throughout the Las Vegas F1 events. To gauge audience engagement, the brand will track social media reach, impressions, and interactions. NEFT Vodka will also host a select group of influencers and celebrities who embody the brand’s spirit and can amplify the excitement around the activation.
These influencers will share exclusive content, offering followers an insider’s view, from curated cocktail experiences to the electrifying F1 atmosphere in Vegas. Specific influencers and details of their agreements were not disclosed, though high-profile attendees are expected to help generate additional exposure.
“NEFT Vodka’s approach to the Las Vegas Grand Prix is all about creating experiences that resonate far beyond the event. We’re blending the high-energy world of Formula 1 with our brand’s refined, modern spirit by curating immersive experiences that are both memorable and meaningful,” said Manansala Jr.
Formula 1 attendance is expected to break records across 24 races by the end of 2024, with the pre-pandemic attendance of 4.16 million in 2019, rising to 5.7 million in 2022 as the races fully reopened. Over 6 million attended in 2023. F1’s growing global appeal makes it a valuable platform for brands and sponsors looking to reach a broad, engaged audience.