Roshan is co-founder of the Formula 1 Saudi Grand Prix

Roshan is co-founder of the Formula 1 Saudi Grand Prix
Roshan is co-founder of the Formula 1 Saudi Grand Prix

The Saudi Automobile and Motorcycle Federation announced the signing of a founding partner sponsorship agreement for the Saudi Grand Prix with Roshan, the national real estate developer for integrated urban neighborhoods and a company wholly owned by the Public Investment Fund. The sponsorship extends for 3 years.
The sponsorship agreement was signed by Prince Khalid bin Sultan Al-Abdullah Al-Faisal, President of the Saudi Federation of Cars and Motorcycles and the Saudi Motorsports Company, and David Grover, CEO of Roshan Group.
Prince Khaled bin Sultan Al-Abdullah Al-Faisal welcomed the cooperation between the Saudi Grand Prix and Roshan Company, pointing out that such cooperation embodies our efforts in building and strengthening fruitful strategic partnerships, and creating new opportunities in the field of sponsoring sporting events in Saudi Arabia, which contributes to achieving the set goals of hosting The summit of motorsports in the world on the land of Saudi Arabia.
Al-Faisal stressed the keenness of the Saudi Motorsports Company, as the official promoter of the Formula 1 stc Saudi Grand Prix, which operates under the umbrella of the Saudi Automobile and Motorcycle Federation, to strengthen local partnerships, and to help national companies present their brand in front of a wider segment of the local and global audience, in line with With its objectives and marketing plan.
For his part, David Grover, CEO of Roshen Group, said that Roshen is proud to sign this agreement to sponsor this important event, saying: “We believe that Roshen’s sponsorship of international and national entertainment events hosted by the Kingdom will contribute to enhancing Roshen’s effective presence, and meet the aspirations of all society by supporting sustainable national initiatives, and hosting mega-events that are in line with the goals of Saudi Vision 2030 and with the goals of Roshan and the Public Investment Fund.”

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Roshan cofounder Formula Saudi Grand Prix

 
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