UBS renews its partnership with Mercedes-AMG PETRONAS Formula One Team

Zurich, September 21, 2024 – UBS today announced the renewal of its partnership with the Mercedes-AMG PETRONAS Formula One Team. The bank has been part of the Team’s partner family since 2011, during which time the team has successfully clinched seven Drivers’ and eight Constructors’ World Championships. UBS is Team Partner.

Iqbal Khan, Co-President UBS Global Wealth Management and President UBS Asia-Pacific said:
“We are proud to extend our long-term partnership with the Mercedes-AMG PETRONAS Formula One Team. The partnership reflects our shared values: a commitment to innovation, talent and teamwork, which all drive performance. I look forward to the opportunities our partnership will present in this next chapter together, as we continue to provide unparalleled experiences for our clients.”

Toto Wolff, Team Principal & CEO of the Mercedes-AMG PETRONAS Formula One Team, said:
“UBS has been an important member of our partner family ever since we began our relationship back in 2011. It is no surprise to me that we have enjoyed such a long-standing relationship given our shared values and goals. We both strive for excellence, maintain the highest standards, and share a commitment to sustainable performance. It is fantastic to extend our partnership yet again and we look forward to working together for many more years to come.”

Since Singapore has hosted Formula 1’s first night race in 2008, more than 930 million spectators have enjoyed watching the thrills and spills of the racing on this unique three mile street circuit that winds its way through the city centre. More than 250,000 fans are expected during the Sept 20-22 event in Singapore.

About UBS
UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. With the acquisition of Credit Suisse, UBS manages 5.5 trillion dollars of invested assets as per second quarter 2024. UBS helps clients achieve their financial goals through personalized advice, solutions and products. Headquartered in Zurich, Switzerland, the firm is operating in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

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