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.
Motor 283 is the biggest automotive website created by a team of automotive enthusiats and this author page is used to show the readers the press releases and news posted on Motor 283 website.
Nissan Formula E Team secured race victory in the final event of the 2023/24 ABB FIA Formula E World Championship, with Oliver Rowland putting in a masterful drive in the season-ending Round 16 at the London E-Prix.
The new Aston Martin Valkyrie AMR-LMH has hit the track for the first time, as Aston Martin with The Heart of Racing begins a comprehensive testing programme ahead of the British ultra-luxury sportscar brand’s bid to win the 24 Hours of Le Mans outright next year and for the first time since 1959.
The new Hypercar, developed by Aston Martin Performance Technologies and works team The Heart of Racing, completed a shakedown and initial evaluation testing in the UK this week, The car was driven by Aston Martin High Performance development driver Darren Turner (GBR), The Heart of Racing’s Mario Farnbacher (DEU) and Harry Tincknell (GBR), who won the LMGTE class of the 2020 24 Hours of Le Mans with Aston Martin.
Aston Martin with The Heart of Racing will now commence a full development schedule to prepare the car ahead of FIA homologation in the autumn and its competitive debut in early 2025. The Aston Martin Valkyrie AMR-LMH is the first racing car to be built to Hypercar regulations to contest both the FIA World Endurance Championship [WEC] and the US-based IMSA WeatherTech SportsCar Championship [IMSA] simultaneously.
The Aston Martin Valkyrie AMR-LMH is unique in the top Hypercar class of global endurance motorsport in that it is the only one among its contemporaries to derive its roots from an existing production-based extreme performance car – Aston Martin Valkyrie, the ultimate hypercar. Works team The Heart of Racing will enter two Valkyrie AMR-LMH contenders in WEC and a single car in IMSA in 2025.
Adam Carter, Aston Martin Head of Endurance Motorsport, said: “The Valkyrie AMR-LMH sets its own standard as a thoroughbred endurance competition car. It is a pure, leading edge racing machine, and while it is very early in the testing cycle, from what we have witnessed so far, we are satisfied that it is achieving the targets and criteria we have set out for it to accomplish.”
The last day of the 2024 Goodwood Festival of Speed was nothing short of spectacular. Over the five-day event, hundreds of vehicles, ranging from turn-of-the-century machines to modern hypercars, took on the iconic 1.16-mile hill climb. This year, the top 10 fastest cars showcased a thrilling mix of vintage Formula One racers and cutting-edge sports cars. Some were veterans of the hill climb, while others made their debut in style. Let's dive into the details of the 10 fastest cars at this year's event.
SHARE
