Riyadh – Mubasher: The Saudi Automobile Federation has signed a partnership contract with Abdul Latif Jameel Motors, the authorised distributor of Toyota cars in Saudi Arabia, according to a statement. The agreement was closed under a new initiative to support Saudi motorsport.
The contract has a three-year term, extendable for two additional years, and can be renewed for another five years.
“This agreement opens new horizons for Saudi motorsports through an exciting partnership with of one of Saudi Arabia’s largest and most successful companies,” chairman of Saudi Automobile Federation Prince Khalid Al Faisal said.
Under the new agreement, Abdul Latif Jameel Motors will be the headline partner for the largest motorsport tournaments in Saudi Arabia.
“This partnership provides an important opportunity to support national sport projects and become key contributors to support the local sports sector, which is a key pillar for Saudi Vision 2030,” Prince Khalid commented.