Synchrony and KTM North America Partner to Sponsor Babes in the Dirt 2025 Off-Road Adventure Series to Highlight Women Off-Roaders
Rhea-AI Summary
Synchrony (NYSE: SYF) and KTM North America have announced their joint sponsorship of the Babes in the Dirt 2025 Off-Road Adventure Series, the largest network and event series for women off-roaders in the US. Synchrony will serve as the official financing partner for motorcycle sales and services, while KTM will provide motorcycle demonstrations.
The partnership aims to support the growing women's segment in powersports, with women representing the fastest-growing demographic. Notably, 23% of 2024 attendees planned to purchase their first bike within a year, with financing being a crucial factor. Founded in 2014, Babes in the Dirt focuses on transforming the powersports industry by making it more inclusive and accessible to all riders.
Positive
- Partnership targets women, the fastest-growing segment in powersports
- Potential for increased financing revenue through new customer segment
- Strategic alliance with major motorcycle manufacturer KTM enhances market presence
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, SYF gained 0.29%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Synchrony to Serve as the Official Financing Partner for Babes in the Dirt Sales and Services, KTM to Provide Demonstrations of its Newest Motorcycles
Babes in the Dirt was created to transform the landscape of the powersports industry and redefine the image of the rider to be inclusive of everyone and welcoming to all. Now in its 11th year, the organization has played a pivotal role in helping to increase women's participation—today, women represent the fastest-growing segment in powersports.
"Synchrony supports Babes in the Dirt's mission to open powersports to women all over the world. Over the last year alone, Synchrony has hosted a series of events to unite women in the powersports community and encourage more to follow suit," said Susan Medrano, Senior Vice President & General Manager, Outdoors, Synchrony. "Now, as a sponsor of this year's Off-Road Adventure Series, we are excited to not only drive awareness but to help women hit the trails by offering financing, which plays a critical role in rider participation."
As the sponsor, Synchrony will be the official financing partner for all motorcycle sales and parts, garments and accessories sold through Babes in the Dirt. According to the organization,
"Babes in the Dirt was created more than a decade ago with the mission of transforming the landscape of the powersports industry by opening the door for anyone and everyone to enjoy these off-road adventures," said Ashmore Ellis, Co-Founder and Owner, Babes in the Dirt. "Now with the help of Synchrony and KTM, we are making it even easier for aspiring women riders of all ages to access the bikes, services, and accessories they need to experience the thrill of off-roading."
As a manufacturer of class-leading motorcycles, KTM knows all about powersports racing. During the 2025 Off-Road Adventure Series, the company will showcase its latest motorcycles and offer participants the opportunity to try them out on-site.
"Growing the sport of motorcycling is not only a passion of ours here at KTM, it's a mission that we are excited to share with all Off-Road Adventure Series participants," said Christy Hall, Vice President, Marketing, KTM North America. "For the upcoming season, we will be working closely with Babes in the Dirt in an effort to help more women experience the excitement and adventure that comes with being on two-wheels."
About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company at the heart of American commerce and opportunity. From health to home, auto to retail, our Synchrony products have been serving the needs of people and businesses for nearly 100 years. We provide responsible access to credit and banking products to support healthier financial lives for tens of millions of people, enabling them to access the things that matter to them. Additionally, through our innovative products and experiences, we support the growth and operations of some of the country's most respected brands, as well as more than 400,000 small and midsize businesses and health and wellness providers that Americans rely on. Synchrony is proud to be ranked as the country's #2 Best Company to Work For® by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.
About KTM
Powered by a distinct READY TO RACE mentality, KTM is
About Babes in the Dirt
Babes in the Dirt was intentionally designed 11 years ago to transform the landscape of the powersports industry and redefine the image of the stereotypical motorcyclist to look and be simply "anyone" and welcome "everyone". To accomplish this, we built a foundation that amplifies unforgettable experiences designed for women to feel supported and comfortable in the spirit of adventure to diversify motorcyclists overall. We are forever evolving & creating ways to bring new riders into the sport through on site events and more. Our goal is to show women that this is just the beginning of their story which can be shared with friends, family, and continues with them throughout their entire lives with off-road riding. From our new riding events to our most challenging adventure series that span worldwide and everything in between, there is space to learn, grow, and challenge yourself each step of the way with Babes in the Dirt.
Contact:
Lauren Devilbiss
Synchrony
lauren.devilbiss@syf.com
240-814-5825
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SOURCE Synchrony