Formula E and SABIC, a global leader in the chemical industry, have announced a long-term sponsorship and innovation partnership, which will launch with title sponsorship of the 2022 SABIC London E-Prix double-header at ExCeL London, 30 & 31 July.
The partnership will see Formula E and SABIC drive electrification and sustainability together through the power of the world’s foremost electric motorsport series.
“We are excited to partner with Formula E,” said SABIC Vice-Chairman and CEO, Yousef Al-Benyan. “Our sponsorship will drive global visibility of the SABIC brand within a relevant, exciting, and growing global sports platform. In addition, we intend to collaborate closely with Formula E to integrate our sustainable solutions into their ecosystem and operations.”
“This offers SABIC a unique opportunity to transfer our innovations from Formula E into the broader automotive and EV industries benefiting our customers and partners and demonstrating our ability to support the world’s transition to EV and a more sustainable future.”
Formula E Founder and Chairman, Alejandro Agag, said: "We welcome SABIC to the ABB FIA Formula E World Championship. The 2022 SABIC London E-Prix is the beginning of a progressive and innovative partnership that will have a positive impact on our mission to drive sustainable human progress through the power of electric racing.”
The partnership provides SABIC with the unique platform of the world’s foremost electric motorsport series to enable business engagement and reach partners across automotive and EV value chains. It also doubles down on BLUEHERO™, the company’s initiative to support the shift to electric power, with the delivery of automotive polymer materials, solutions and capabilities for the optimisation of EV battery systems.