Bank Albilad is the strategic partner of the Formula 1 Saudi Arabian Grand Prix
Saudi Arabia – Abdulaziz Al-Onaizan, CEO of Bank Albilad, said the bank’s continued strategic sponsorship of the Saudi Arabian Formula 1 Grand Prix is based on its leadership in the banking sector and its commitment to enhancing the customer experience through innovative banking products enriching that match their aspirations is the case at the major events in the kingdom.
He stressed Bank Albilad’s pride in its national role in supporting these major events, which have a large audience worldwide.
“Our partnership with the Saudi Arabian Formula 1 Grand Prix for the second consecutive year, represented by the Saudi Automobile and Motorcycle Federation (SAMF), reflects our commitment to strengthen and enrich the great Saudi sporting events industry, such as it is the case with our commitment to creating a competitive banking experience for our customers based on technology and innovation,” added Al-Onaizan.
“Because the Formula 1 Saudi Arabian Grand Prix has a large local and international audience, it represents an ideal opportunity for Bank Albilad to achieve a number of its banking objectives, in addition to communicating effectively with this audience, as the Formula 1 has a huge base of fans and viewers who enjoy it through live streaming, and this means expanding the Bank Albilad brand’s base in the financial and business markets, as well as promoting knowledge among customers and prospects in the leading business and and innovative banking products from Bank Albilad”, the CEO of Bank Albilad concluded his speech.
This coincided with Bank Albilad’s participation as a strategic partner for the Saudi Arabian Grand Prix Formula 1 race, held in Jeddah on March 17-19, 2023, which is one of the most important sporting events that deserves attention and follow-up attracts racing fans.
The bank hosted more than 3,000 socialites from inside and outside the Kingdom, including VIPs, clients and pioneers interested in motorsports and major events in the Kingdom, as well as a large number of free ticket winners during the drawing at the social media Country’s campaign for supporters.
To celebrate its strategic partnership with the Saudi Arabian Formula 1 Grand Prix, the bank introduced competitive financing offerings for all customer segments. Such a strategic partnership was represented by a VIP suite in the prestigious Paddock Club, which, in addition to the interactive pavilion in the fan area, which offers interactive devices, the best sporting hospitality in the world and unique views of the start and finish lines that attract visitors, fans and delight and challenge lovers.
It is worth noting that the Saudi Arabian Formula 1 Grand Prix in Jeddah is one of the largest sporting and entertainment events in the Kingdom, with 20 drivers from 10 teams competing for the drivers’ and constructors’ prizes. With 16 left-hand and 11 right-hand corners, the Jeddah Corniche Circuit is the longest street circuit in the history of Formula 1 and thus the circuit with the most corners in the world.
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