UBS has renewed its partnership with the MercedesAMG Petronas Formula One Team. The bank has been part of the team’s partner family since 2011, during which time the team has successfully clinched seven Drivers’ and eight Constructors’ World Championships.
Iqbal Khan, co-president UBS Global Wealth Management and president of UBS Asia-Pacific, says in a Sept 21 announcement: “We are proud to extend our long-term partnership with the Mercedes-AMG Petronas Formula One Team. The partnership reflects our shared values: a commitment to innovation, talent and teamwork, which all drive performance. I look forward to the opportunities our partnership will present in this next chapter together, as we continue to provide unparalleled experiences for our clients.”
Toto Wolff, team principal and CEO of the Mercedes-AMG Petronas Formula One Team, says: “UBS has been an important member of our partner family ever since we began our relationship back in 2011. It is no surprise to me that we have enjoyed such a long-standing relationship given our shared values and goals. We both strive for excellence, maintain the highest standards, and share a commitment to sustainable performance. It is fantastic to extend our partnership yet again and we look forward to working together for many more years to come.”
Singapore began hosting Formula 1’s first night race in 2008. Last weekend, 269,072 fans attended the Formula 1 Singapore Airlines C6L Singapore Grand Prix 2024, slightly higher than the 264,108 visitors in 2023. The record attendance for the night race was 302,000 in 2022.
McLaren's Lando Norris secured his third career grand prix win last night, with Red Bull Racing’s Max Verstappen finishing 20.945 seconds behind. McLaren's Oscar Piastri placed third.
