1
December 2021

“Invest Saudi” announces its Partnership with Formula 1 STC Saudi Arabian Grand Prix

"Invest Saudi" announces its Partnership with Formula 1 STC Saudi Arabian Grand Prix

Jeddah, Rabi II 29, 1443 - Dec. 4, 2021, SPA-- “Invest Saudi”, an initiative representing the unified national identity to market and attract investments to the Kingdom of Saudi Arabia, has announced itself as a founding partner with Formula 1 race, the first Formula 1 Saudi Grand Prix in Saudi Arabia, scheduled to be held and organized at the new Jeddah Corniche Circuit on December 3-5.

The partnership aims to enhance the Kingdom’s investment identity in global forums and events, including motor racing. It also sheds the light on the investment opportunities in the Kingdom for one of the largest sporting events worldwide. In addition, the partnership confirms the Kingdom’s commitment to promote promising investment opportunities in the sports and entertainment sectors.

The partnership will be established at the opening of the Kingdom Grand Prix to support the global sports events at the Kingdom, reflecting the Kingdom’s position with regard to the worldwide sports events.

MISA – through “Invest Saudi” Platform – highlights all investment opportunities within the Kingdom. It provides investors with an opportunity to recognize the promising opportunities within the sectors and the advantages and incentives provided by MISA to the investors.

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