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ADGM: 25 Oct 2024
Ethara has announced Abu Dhabi Global Market (ADGM) as the newest Event Supporter for the upcoming 16th edition of the Formula 1 Etihad Airways Abu Dhabi Grand Prix at Yas Marina Circuit. This strategic partnership brings together two of Abu Dhabi’s leading entities, highlighting the shared commitment to innovation, excellence, and global influence.
As one of the Middle East’s largest annual sports and entertainment events that attracted over 170,000 fans across race weekends in 2023, the Abu Dhabi Grand Prix is a significant platform that showcases Abu Dhabi’s growth as a cultural, economic, and technological hub. Recording over AED 1.165 billion in attendee spending across the 2023 race week, Ethara can drive significant economic growth for the Emirate through a single event - the Abu Dhabi Grand Prix. As an Event Supporter, ADGM will play a key role in enhancing the overall experience of this world-class event, underlining its influence as a powerhouse in the global financial ecosystem.
On the announcement of this collaboration, Saif Rashid Al -Noaimi, CEO of Ethara, stated: "As we gear up for the 16th edition of the Abu Dhabi Grand Prix, we are excited to welcome ADGM as our official Event Supporter. This partnership reflects our commitment to delivering extraordinary experiences that align with and support the country’s economic growth agenda. With ADGM’s support, we aim to elevate the Abu Dhabi Grand Prix to new heights."
Salem Al Darei, CEO of ADGM Authority said, "We are pleased to partner with Ethara as the official Event Supporter for the iconic Abu Dhabi Grand Prix. As an event that embodies the spirit of innovation and excellence, ADGP’s forward-thinking principles align with ADGM’s progressive and advanced approach that is accelerating the development of one of the fastest-growing international financial centres. By supporting the 16th edition of the event, we aim to further solidify Abu Dhabi’s reputation as a global hub for culture, entertainment, and business, creating lasting impacts within the local and international communities."
ADGM is an international financial centre that supports the connection between the economies of the Middle East, Africa, and South Asia (MEASA) with global markets. Established in 2015, ADGM provides a legal and regulatory framework that drives financial innovation and growth across various sectors, including banking, asset management, and fintech. Through its comprehensive ecosystem, ADGM fosters a culture of transparency, integrity, and sustainability, contributing to Abu Dhabi's vision of becoming a leading global financial hub. Following the conclusion of Formula 1 Etihad Airways Abu Dhabi Grand Prix, ADGM will be hosting MENA’s most anticipated finance, investment, and economic event series, Abu Dhabi Finance Week (ADFW) from 9th December to 12th December 2024.
Fans can look forward to thrilling on-track action, along with the highly anticipated Yasalam After-Race Concerts, luxury hospitality experiences, and much more. In line with the collaborative spirit of this partnership, the event aims to create unforgettable moments for attendees while firmly cementing Abu Dhabi’s position as a destination for world-class events and experiences.
With unparalleled worldwide fan interest during this F1 season, limited tickets and experience packages are still available for those looking to be part of this historic event. Further amplifying the race weekend entertainment offering, full weekend ticket holders can enjoy exclusive access to one of Yas Island’s thrilling entertainment parks and complimentary access to cultural landmarks in the capital as part of the ‘Yas All In’ ticket offering.
For more information on ticket packages and event details, visit www.abudhabigp.com
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