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Merchandising and licensing are essential components of the motorsports business. Investigate how teams and racing organizations capitalize on their brand equity, creating a range of merchandise from apparel to collectibles. Explore the economic impact of motorsports-related products and licensing agreements. Kayo Sports Plan, Local businesses in the vicinity of the Caulfield Racecourse experience a significant boost during the Caulfield Cup Carnival. Restaurants, hotels, shops, and other establishments see increased foot traffic as racegoers, both local and international, converge on the area. The race acts as a catalyst for economic activity, supporting the livelihoods of those in the surrounding community and reinforcing the Caulfield Cup's role as a positive force for local businesses.
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