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Aramco Enters Long-Term Global Sponsorship Deal With Formula 1

Aramco Enters Long-Term Global Sponsorship Deal With Formula 1

Claudia Maedler

(Bloomberg) -- Saudi Aramco, the world’s biggest oil producer, entered a sponsorship deal with Formula 1.

It’s the Saudi company’s first global sponsorship of a major sporting event, according to the statement. The deal includes track-side branding and title rights to major Formula 1 races this year.

Why Saudi Aramco’s Record IPO Was No Ordinary Deal: QuickTake

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