Signal: IOC secures first-ever global beer sponsor for Olympics - Sportcal (2024)

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AB InBev is the first beer brand to hold an Olympic global sponsor designation.

Susan Lingeswaran January 17, 2024

Signal: IOC secures first-ever global beer sponsor for Olympics - Sportcal (1)

The deal

The International Olympic Committee (IOC) has announced a major multi-year partnership with global drink conglomerate Anheuser-Busch InBev (AB InBev) covering the next three editions of the Olympics Games – the Paris 2024 and Los Angeles 2028 summer games, and the 2026 Milano-Cortina winter games.

The deal sees AB InBev become a worldwide Olympic partner, part of the top-tier TOP partner program, which is the highest level of Olympic sponsorship. The partnership represents the IOC’s first TOP partnership with an alcohol brand.

The partnership will be centered around AB InBev’s alcohol-free Corona Cero brand globally, while in the US, its Michelob Ultra Light beer brand will support the Los Angeles event.

Michelob Ultra’s primary position in the US is because the rights to import and sell Corona are held by Constellation Brands, not AB InBev, therefore disqualifying AB InBev from promoting beer in the country.

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Through the IOC’s partnership with the International Paralympic Committee (IPC), the AB InBev agreement also includes marketing rights for IPC events through 2028.

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Why it matters

The Olympic Games has never globally partnered with a beer brand, mainly due to internal rules against the promotion of unhealthy brands, which is why this new agreement is centered around the non-alcoholic Corona Cero, while Michelob Ultra is a low-calorie beer.

Conrad Wiacek, head of analysis and consulting at Sportcal (GlobalData Sport), said: “The IOC bringing on board a new alcoholic beverages partner in the shape of AB InBev is a prelude to what should shape up to be one of the most commercially successful games in history when the Olympics arrive in LA in 2028.

“With the last LA games having started the commercialization of the Olympics back in 1984, LA2028 should offer a glimpse at the commercial future of the event, especially with the advances in technology expected in the fields of AI ahead of those games.

“AB InBev securing this partnership in its key market to go alongside its deals with the NFL, NBA, and the upcoming FIFA World Cup shows that its focus will be on clawing back lost market share over the next decade, leveraging sporting partnerships to make an impactacross North America.

“By utilizing the ‘zero alcohol’ products, this will lean into the health and lifestyle obsession which is synonymous with LA, which in turn will likely lead to several high profile celebrity endorsem*nts which will no doubt be utilized to activate the partnership, marrying sports with entertainment in new and innovative ways. The global reach of the Olympics will no doubt attract plenty of eyeballs globally, allowing AB InBev to develop the partnership in all key markets.”

The detail

Commenting on the new deal, AB InBev chief marketing officer Marcel Marcondes said: “As we continue to invest to grow the category, we are excited to bring our beer brands to the Olympics and be a worldwide partner for these amazing events.

“Corona is one of our fastest-growing global brands, reaching consumers across 180 countries, and through this partnership, we expect Corona Cero to accelerate no-alcohol beer growth.”

The new deal comes after Japanese beverage company Asahi announced it would end its sponsorship of the upcoming Paris Olympic Games, with its brand Pilsner Urquell withdrawing from all sponsorship material due to the IOC choosing to allow Russian and Belarusian athletes to compete in the flagship event under a neutral flag.

Pilsner Urquell is the official partner of the Czech Olympic Committee.

At the time, Asahi said: “Pilsner Urquell does not want to support the Olympic Games in Paris under current conditions. It will send money to Czech athletes."

Under French laws, it is illegal to sell or distribute alcohol in stadiums and the organizers of the upcoming Paris Olympics have not applied for an exemption. However, VIP hospitality at events is exempt and alcohol is allowed to be served in those areas.

The announcement has coincided with the news that AB InBev’s Michelob Ultra brand is partnering with the US Olympic Team, also through to 2028.

The other IOCTOP partners areAirbnb, Alibaba, Allianz, Atos, Bridgestone, Coca-Cola, Deloitte, Intel, Omega, Panasonic, P&G, Samsung, Toyota, and Visa.

Signal: IOC secures first-ever global beer sponsor for Olympics - Sportcal (7)

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Signal: IOC secures first-ever global beer sponsor for Olympics - Sportcal (2024)

FAQs

Signal: IOC secures first-ever global beer sponsor for Olympics - Sportcal? ›

The partnership represents the IOC's first TOP partnership with an alcohol brand. The partnership will be centered around AB InBev's alcohol-free Corona Cero brand globally, while in the US, its Michelob Ultra Light beer brand will support the Los Angeles event.

Who is the beer sponsor of the Olympics? ›

Anheuser-Busch InBev is the first-ever beer sponsor for the next three Olympic Games. Anheuser-Busch InBev will be an official sponsor for three Olympic Games starting with the Paris 2024 summer event this year, the company announced. The brewer named its alcohol-free Corona Cero as the official beer of the Games.

Which AB brand was chosen as the global beer sponsor of the Olympics? ›

The IOC and AB InBev say Corona Cero, the zero-alcohol version of the Corona, will be “global beer sponsor of the Olympic Games.”

How does the IOC promote the Olympics? ›

The IOC encourages all UN Member States to sign the Olympic Truce and find peaceful and diplomatic solutions to conflicts around the world. IOC's culture and heritage activities are run by the Olympic Foundation for Culture and Heritage.

Why would the Olympics want to be sponsored by Coca-Cola? ›

In exchange, Coca-Cola can use the Olympic Games' five rings on its millions of products. Moreover, it can promote the world's most talked-about sporting event, all over the world, while generating priceless advertising opportunities for itself.

What is the Olympics of beer? ›

This yearly event takes place just before the Craft Brewers Conference, the yearly conference and trade show for the brewing industry. It is often called “the Olympics of Beer” and began in 1996. Each year, these two events take place in a different city. Last year was Nashville; it was in Las Vegas for the first time.

What does beer Olympics mean? ›

The Beer Olympics combine the competitive nature of intramural sports, with the enough beer to drown a small village. But, if you're going to partake in the most sacred of competitions, you have to do it the correct way. Basic Rules. Teams must be made up of no more than 6 participants, and no fewer than 4.

What is the two team beer Olympics? ›

Fill the cups halfway with your choice of beer and let the games begin. Competitors should take turns throwing two ping pong balls into the cups across the table. If a ball lands in a cup, the opposing team must finish the beer in that cup. The team that drains all of their opponents' cups wins.

Who is the official beer sponsor of the MLS? ›

Heineken is the official beer of MLS.

What happened to Olympic beer? ›

Olympia Beer was originally brewed in Tumwater, Washington -- which borders Olympia, Washington. In 1999, Pabst Brewing Company acquired the brand, and then shut down the Olympia-based brewery in 2003. Olympia beer is no longer brewed near Olympia, but instead is brewed in various locations around the United States.

What does IOC mean in Olympics? ›

The International Olympic Committee (IOC) is a not-for-profit independent international organisation that is committed to building a better world through sport.

How does the IOC choose Olympic sports? ›

When choosing sports to include in the program, the IOC must take into consideration media and public interest, since these are a key driver behind the Olympic Games, but must simultaneously manage costs.

How does the IOC fund the Olympics? ›

The International Olympic Committee is entirely privately funded and ever since the first modern Olympic Games in Athens in 1896 it has relied upon contributions from commercial partners in order to stage the Games and support the Olympic Movement.

Who does Coca-Cola sponsor? ›

Coca‑Cola has enjoyed a long and fruitful partnership with UEFA, having first signed up to sponsor UEFA European football's premier national team tournament in 1988. For the UEFA EURO 2020™, we will continue to share the joy of football with millions of fans, as well as our customers and partners.

How does Coca-Cola use sponsorship? ›

Coca-Cola also proudly supports Olympic athletes through sponsorships, investment in youth sports programming and national Olympic teams. Coca-Cola Pin Trading Centres are also a fun tradition for fans attending the Games, helping to start new or build existing collections.

Why is Coca-Cola logo so popular? ›

The Coca-Cola logo perfectly communicates the brand story through its balanced and eye-catchy design. The iconic logo has been in use since 1887, albeit with a few changes, but remains relevant to this day.

Who sponsors the Olympics with Corona? ›

The International Olympic Committee is teaming up with Anheuser-Busch InBev, the world's biggest brewing company. Corona Cero will be the first-ever beer to be globally sponsored in the Olympics. The team-up comes as AB InBev is aiming to focus its marketing more on sports events.

What is the official beer of Tokyo Olympics? ›

Prior to this, the Olympics never had a global beer sponsorship, but local organizing committees had enlisted beer brands in the past. For example, Asahi Breweries was the official beer of the 2020 Summer Games in Tokyo (which took place in 2021 because of the Covid-19 pandemic.)

What all does Anheuser-Busch support? ›

Since 2011, Anheuser-Busch and the Anheuser-Busch Foundation have donated more than $221 million to charitable organizations across the country that help individuals and communities thrive – including support of disaster preparedness and relief, economic development, education, environmental sustainability, military ...

Who is the beer sponsor of the Copa America? ›

We're proud to announce that Michelob ULTRA is the Official Beer Sponsor of CONMEBOL Copa América USA 2024! The Copa is returning to the U.S. for the first time since 2016 and we can't wait!

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