Etihad to sponsor Ferrari F1 team
by This email address is being protected from spam bots, you need Javascript enabled to view it on Thursday, 13 March 2008
Abu Dhabi's Etihad Airways said on Thursday it signed a three-year sponsorship deal with the Ferrari F1 team, the current Formula One world champions.
Etihad CEO James Hogan signed with the Ferrari F1 Grand Prix team ahead of the opening Formula One race of the season in Melbourne on Sunday, a statement from Etihad said.
"With a TV audience of 2.5 billion people in nearly 200 countries, the association with Ferrari will give Etihad enormous worldwide exposure and help bring Abu Dhabi to the world," said Hogan.
Etihad's involvement with the Ferrari F1 team is the latest high-profile sports sponsorship for the airline, and complements existing partnerships with Chelsea Football Club, Harlequins Rugby Football Club and the Abu Dhabi Golf Championship.
Abu Dhabi government-owned Mubadala Development Company holds a five per cent stake in Ferrari. (Reuters)
For news updates sign up for our newsletter
READERS' COMMENTS
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST SPORT
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST SPORT
LATEST MIDDLE EAST BUSINESS NEWS
- Politics & Economics: Dubai inflation slows to 5.4% in Jan-May '09
- Politics & Economics: Saudi exporters demand duty on Chinese imports
- Construction & Industry: UK contractors in Dubai must be paid - UK trade minister
- Politics & Economics: North Korea defies US; fires 7 ballistic missiles
- Real Estate: Dubai's Emaar shuts Algeria office as projects stall
SHARE PRICE CHECK
RELATED STORIES
Etihad Airways
- Abu Dhabi's Etihad Airways maintains revenue forecast
27 Jun '09 | News - Etihad, Gulf Air not worried about new 787 delays
24 Jun '09 | News - UAE-Turkmenistan sign open skies deal
21 Jun '09 | News
Ferrari
- Mubadala extends Ferrari sponsorship
16 Mar '08 | News - When is a Ferrari not a Ferrari?
5 Mar '08 | News







