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Aramco, the world's largest integrated oil and gas company, today announced a long term global sponsorship with Formula 1®, connecting the Company to a worldwide audience of 500 million racing fans. This agreement marks the Company's first global sponsorship of a major sporting event.
The sponsorship agreement features Aramco corporate trackside branding and grants Aramco the title rights to major Formula 1® races in 2020. Formula 1's integrated digital platforms and broadcasts will also feature Aramco.
Aramco President and CEO Amin H. Nasser said: “We are excited to partner with Formula 1®, a strong global sports brand with millions of fans around the world. As the world's largest energy supplier and an innovation leader, we have the ambition to find game-changing solutions for better-performing engines and cleaner energy. Partnerships like these are important to help us to deliver on our ambitions.”