Snapshot
March 04, 2020

NEOM signs on as official sponsor for Mercedes-Benz EQ Formula E Team

Participating in this sponsorship deal:

250px neom city logo 220px mercedes benz eq formula e logo

About Sponsor:

Neom (styled NEOM; Arabic: نيوم‎ Niyōm) is a planned cross-border city in the Tabuk Province of northwestern Saudi Arabia. It is planned to incorporate smart city technologies and also function as a tourist destination. The site is near the Red Sea and the borders that Saudi Arabia shares with Egypt and Jordan (However, Saudi Arabia has no border with Egypt).[2] It will cover a total area of 26,500 km2 (10,200 sq mi) and will extend 460 km along the coast of the Red Sea.

About Property:

The Mercedes-Benz EQ Formula E Team is a German racing team that is scheduled to compete in Formula E, which is organized by the Fédération Internationale de l'Automobile (FIA). The team will make its debut in the category in the 2019 Ad Diriyah ePrix, in the 2019–20 season

Read More
NEOM, Saudi Arabia and LONDON, March 4, 2020 /PRNewswire/ -- NEOM Company (NEOM) and Mercedes-Benz Formula E Limited signed a long-term partnership agreement making NEOM a team partner of the Mercedes EQ Formula E team. The partnership begins a multi-season relationship with the Mercedes-Benz EQ Formula E Team with NEOM as a new Principal Partner. It offers opportunities for knowledge transfer and for further education and training in the Kingdom of Saudi Arabia. The development of young racing drivers is also a key element.NEOM Named as Principal Partner of Mercedes-Benz EQ Formula E TeamMore
Read more at https://finance.yahoo.com »
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