NEOM signs a long-term partnership with Mercedes-Benz EQ Formula E Limited, under which NEOM becomes a major partner in the Mercedes-Benz EQ Formula E team.
NEOM will offer 30 Saudi nationals a 12-month secondment at the coveted at Mercedes EQ Formula E Motorsport HQ in UK and Germany to progress high-caliber candidates in engineering and software development.
This partnership provides huge opportunities to transfer knowledge and provide more training and education in the Kingdom, as well as to develop the talents of young racing drivers. This partnership will also provide opportunities for developing and seconding selected Saudi employees who work closely with the racing team and have the required qualifications in the field of engineering and software development.
NEOM will also be a key partner and founder of the Mercedes-Benz EQ Formula E driver development program that begins in early 2021 and includes talented junior drivers. The program aims to discover and embrace young talents able to participate in the Formula E championship within the next few years.
Commenting on the partnership, Nazmi Al-Nasr, CEO of NEOM, said: “We are delighted to sign the partnership agreement with the Mercedes-Benz EQ Formula E team and are passionate about working with it. We are always ready to produce partnerships that adopt the principle of innovation as a key to a sustainable future. Therefore, we encourage everyone As NEOM is a living lab in which they can try and develop new technologies in cooperation with us and others. “
Toto Wolff, President of Mercedes-Benz Motorsport, said: “We consider our participation in motorsport essential to leadership in innovation and look forward to developing this cooperation with our new partner, NEOM. Through our participation in Formula E, we have committed to promoting future mobility and promoting the development of Technology-related sustainable innovations as well as mentoring young talent who make significant contributions in this field. “
“We have been impressed by the culture and values of the team during our discussions,” said Jan Paterson, head of the sports sector at NEOM. “We consider this partnership important and provides intense cooperation between the Mercedes-Benz EQ Formula E team and NEOM in the global sports field. In the short term, we are excited to support the team in the upcoming seasons and look forward to hosting the first race in NEOM.”