Qiddiya Named Founding Partner of the Formula 1® stc Saudi Arabian Grand Prix 2025
- SAUDI ARABIA BREAKING NEWS
- Apr 15
- 2 min read
Jeddah, April 15, 2025 (Saudi Arabia Breaking News) – The Saudi Motorsport Company, promoter of the Formula 1® stc Saudi Arabian Grand Prix 2025, has announced a new strategic partnership with Qiddiya Investment Company, one of the key initiatives of the Public Investment Fund. Under this agreement, Qiddiya becomes a Founding Partner of the upcoming 2025 edition of the Kingdom’s premier Formula 1® event.
This collaboration builds on Qiddiya’s longstanding relationship with the Grand Prix and affirms its commitment to promoting Saudi Arabia’s cultural and entertainment identity on the global stage. As a Founding Partner, Qiddiya will contribute to enhancing the Kingdom’s motorsport, cultural, and entertainment sectors through the delivery of high-impact, world-class experiences designed to engage local communities and global fans alike.
CEO of the Saudi Automobile and Motorcycle Federation, Khalid Al-Suwaidan, welcomed the partnership, stating, “We are proud to expand our collaboration with Qiddiya Investment Company. Their support will be instrumental in unlocking the full potential of the Jeddah Corniche Circuit – the fastest street circuit in the world – and reinforcing Saudi Arabia’s growing prominence on the global motorsport map.”
He added, “This agreement reflects our shared vision of embedding sport more deeply into daily life and delivering extraordinary events that enhance the Kingdom’s global image.”
Abdullah AlDawood, Managing Director of Qiddiya Investment Company, emphasized the significance of the partnership: “We are proud to be a Founding Partner of the Formula 1® stc Saudi Arabian Grand Prix 2025, one of the most iconic sporting events in the world. This collaboration represents our ongoing mission to deliver world-class experiences and support the rapid growth of motorsport in the Kingdom.”
He further noted that the initiative aligns with Qiddiya’s overarching goal of transforming Qiddiya City into the future capital of entertainment, sports, and culture in Saudi Arabia, and serves as a cornerstone in fostering innovation, youth engagement, and international collaboration.
The Formula 1® stc Saudi Arabian Grand Prix 2025 will once again bring global attention to Saudi Arabia, reinforcing its status as a central destination for high-caliber sporting and cultural events.
