PIF unveils its latest multi-year partnership to boost electric motorsport and mobility in Saudi Arabia

January 23, 2024

Saudi Arabian sovereign wealth fund, Public Investment Fund (PIF) has announced a new multi-year partnership with Electric 360, Formula E, Extreme E and E1 to enhance the growth of the electric motorsport sector in the kingdom.

The partnership specifically aims to advance the role of the sport in the future of electric mobility.

Additionally, educational opportunities will be made available through this new partnership as well as, community, social and environmental programmes.

Read the original article in Arabian Business: Saudi Arabia’s PIF announces new multi-year partnership to boost electric motorsport