Jeddah, Saudi Arabia, March 2022: Mohamed Yousuf Naghi Motors Company has announced it will once again be an official sponsor of the FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2022 that is set to take place at the new Jeddah Corniche Circuit on 25th -27th March 2022.
The partnership comes after a successful collaboration during the inaugural 2021 event and will involve the Mohamed Yousuf Naghi Motors Company providing luxury transport options for visitors attending the race weekend.
His Royal Highness, Prince Khalid bin Sultan Al-Abdullah Al-Faisal, Chairman of the Saudi Automobile and Motorcycle Federation and Saudi Motorsport Company, welcomed the partnership, stressing the great benefit of the collaboration between the Grand Prix and Saudi businesses. He noted how the hosting of major international sporting events, such as the FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2022, provides great opportunities to domestic operations and allows Saudis of all ages to experience a major global sporting event live and in person. He emphasised how the first instalment of the Saudi Arabian F1 race weekend was viewed by just under 80 million people worldwide and that this year’s second staging of the pinnacle of motorsport in Jeddah will help continue shaping the country as a global sporting hub.
Eng. Anees A. Jamjoom, Executive Vice President of Mohamed Yousuf Naghi, also commented: We are proud of our recent achievements providing premium support for the FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2021. This event is the most significant in the series of initiatives by the Kingdom‘to attract global sporting and cultural events to Saudi Arabia, all of which are in line with the plans and objectives of Vision 2030.
After a fantastic first race in 2021, Mohammed. Yousef Naghi Motors are looking forward to continuing this partnership and supporting the Kingdom’s goals to encourage future cultural, sporting and other large-scale events to consider Saudi Arabia as a host nation.”
The Jeddah Corniche Circuit is scheduled to host the FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2022 less than four months after the success of the first edition in December 2021.
About Mohamed Yousuf Naghi Motors Company:
Mohamed Yousuf Naghi Motors Company is one of the Mohamed Yousuf Naghi Group companies, which is a leading commercial conglomerate with extensive experience in various commercial fields, representing a wide range of prominent brands in multiple sectors, during which it has earned the trust of brands on the one hand and its customers on the other hand.
