JEDDAH — Invest in Saudi Arabia, an initiative representing the unified national identity to market and attract investments to the Kingdom of Saudi Arabia, has announced itself as a founding partner with Formula 1 event, the first Formula 1 Grand Prix race in Saudi Arabia.

The Formula 1 Saudi Arabian Grand Prix race is scheduled to be held and organized at the new Jeddah Corniche Circuit from Dec. 3 to 5.

The partnership aims to enhance Saudi Arabia 's investment identity in international forums and events, including motor racing.

This is in addition to shedding light on investment opportunities in the Kingdom for one of the largest sporting events in the world.

The partnership confirms Saudi Arabia 's commitment to promoting promising investment opportunities in the sports and entertainment sectors. — SPA