Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF) today announced a new partnership with Formula E to build the world’s first Formula E branded indoor karting attraction across multiple SEVEN entertainment destinations across the Kingdom.
The announcement was made from the site of the Diriyah E-Prix where the ABB FIA Formula E World Championship double-header of races will take place on the spectacular illuminated race track this Friday and Saturday.
Formula E was created to disrupt elite motorsport with a bold vision of using electric racing to accelerate sustainable human progress. What followed was the development of never-seen-before electric racing technology and pioneering race formats to create a sport unrestrained by tradition or expectation.
Abdulla Nasser AlDawood, Chairman of SEVEN, commented: "Our strategic partnership with Formula E to bring never seen before Formula E branded racing tracks within our Entertainment destinations, strategically complements our mission of creating a Multiverse of entertainment offerings that cater to the different needs of our future guests that build and nurture their skills and evokes growth. We aspire to have the 1st Saudi car racing champion coming from our Formula E attraction.
Alberto Longo, Co-Founder & Chief Championship Officer, said: “We are thrilled to be working alongside SEVEN, the entertainment champion in KSA. Our objectives and goals align in bringing the excitement of Formula E to the kingdom and taking fans closer to real racing action through the Formula E Karting experience across the SEVEN destinations. I am confident this incredible initiative will accelerate the potential of Saudi Arabia’s promising young drivers and create a future world champion.”
The license agreement was signed by Eng. Essam Othman Al Jubair, Chief Operating Officer at SEVEN and Alberto Longo, Co-Founder & Chief Championship Officer, Formula E.
The Formula E Karting attractions are set to be built at four of SEVEN entertainment destinations located in Riyadh, Jeddah, Dammam and Abha. Each attraction will offer a diverse selection of adult karts, junior karts, and dual karts, ensuring fun and safe experiences for the entire family. Boasting tracks exceeding 400 meters in length, the Formula E Karting attractions provide extended straightaways for accelerated speed, delivering an unparalleled racing experience for guests.
SEVEN is investing more than SAR 50 billion to build 21 entertainment destinations which will provide unique and innovative world-class entertainment destinations and global partnerships from within the sector. The upcoming projects are located in 14 cities across the kingdom: Riyadh, Kharj, Makkah, Jeddah, Taif, Dammam, Khobar, Al Ahsa, Madinah, Yanbu, Abha, Jizan, Buraidah and Tabuk.
SEVEN, is a wholly owned company of PIF (Public Investment Fund), mandated to invest in, develop and operate entertainment destinations and create a sustainable entertainment sector that caters to the needs of all in Saudi Arabia, in accordance with the highest international standards.
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Formula E and the Fédération Internationale de l'Automobile (FIA) have today revealed the next generation of race car, the new all-electric GEN3 Evo, capable of 0-60mph in 1.82s.
Leveraging a roster of innovative technical upgrades, the GEN3 Evo unveiled at H.S.H Prince Albert II’s Private Car Collection will debut in Season 11 of the ABB FIA Formula E World Championship where some of the world’s greatest manufacturers and drivers race wheel-to-wheel in iconic locations around the globe.
Developed by specialists from Formula E and the FIA, the latest GEN3 Evo edition marks a significant leap in electric racing technology, with acceleration 0-60mph 30% faster than a current F1 car, and 36% faster than the GEN3 car.
Capable of accelerating nearly a full second faster than its predecessor – the GEN3 – that was the world’s first race car designed for street racing, it sets an even higher standard in performance, sustainability, and efficiency. The GEN3 Evo serves as a formidable ambassador for the future of motorsport, embodying cutting-edge advancements and a commitment to environmental responsibility.
On Saturday, April 27th, Abu Dhabi will host a groundbreaking event, welcoming 10,000 spectators to witness the inaugural ASPIRE Abu Dhabi Autonomous Racing League (A2RL) at the iconic Yas Marina Circuit. This brand-new autonomous racing competition marks a significant milestone in motorsport history, billed as the largest league of its kind globally.
Eight teams will compete: Code19 Racing (one of the first independent autonomous racing entity from the USA), Constructor University (based in Germany and Switzerland), Fly Eagle (representing Beijing Institute of Technology from China and Khalifa University from the UAE), HUMDA Lab (a member of the Széchenyi István University Group from Hungary), KINETIZ (a collaboration between Singapore Nanyang Technological University and Kintsugi based in the UAE), PoliMOVE (representing Politecnico di Milano from Italy), UNIMORE (also from Italy - University of Modena and Reggio Emilia), and Technical University of Munich - TUM (from Germany), vying for a substantial prize purse of US$ 2.25 million.
Aston Martin’s new Vantage GT3 continues its hunt for glory in the world’s two most prestigious endurance racing series, as the FIA World Endurance Championship [WEC] and the IMSA WeatherTech SportsCar Championship [IMSA] resume this weekend.
The WEC begins its European leg on Sunday with the 6 Hours of Imola (ITA), and an inaugural visit to one of the continent’s best-known circuits, before heading to Spa-Francorchamps (BEL) on 11 May, and then the 24 Hours of Le Mans on 15-16 June. Meanwhile IMSA heads to the world famous Long Beach street track for its first sprint race (100 minutes) of the season. A second-place finish in the brand-new LMGT3 class for the Heart of Racing (HoR), and third for D’station Racing, made Aston Martin the only one of the nine GT manufacturers present to score a WEC double podium finish at the season-opening 1812km of Qatar in March. It means both teams arrive in Italy in strong form.
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