PIF lends its support to Diriyah E-Prix double-header

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The Public Investment Fund Joins Diriyah E - Prix 2021. (Supplied)
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PIF’s continued partnership with Diriyah E-Prix confirms the prominence of the event in Saudi Arabia’s evolving sporting, social and business networking calendar. (Supplied)
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Updated 08 February 2021
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PIF lends its support to Diriyah E-Prix double-header

  • 2021 Formula E season kicks off with two nighttime races on Feb. 26, 27
  • PIF branding will feature prominently on the track and across Diriyah E-Prix race communications

DUBAI: Formula E’s profile in the GCC and MENA region has been given a major boost with the announcement that Saudi Arabia’s Public Investment Fund (PIF) will now have a significant presence as local partner to the 2021 Diriyah E-Prix.

The season-opening event, taking place on Feb. 26 and 27, will feature two nighttime races for the all-electric motorsport series, now entering its seventh edition. It will be the third time that the race has taken place in Saudi Arabia.

Now CBX - the Riyadh-based sole promoter of the Diriyah E-Prix and for the ABB FIA Formula E World Championship in the Middle East - have that, PIF branding will feature prominently on the track and across Diriyah E-Prix race communications.

“We are delighted to welcome PIF back to the Diriyah E-Prix, which is a strong show of faith in the format of the event that we have developed to create a safe and entertaining experience around the sporting spectacle,” CBX founder Carlo Boutagy said.

For the first time in its history, Formula E will race at night, using the latest low consumption LED technology which will utilize less than 15 percent of the power used at other motorsport events staged at night.”

Formula E was one of the first major global sports to make the Kingdom its regional home when it entered a 10-year agreement with the Ministry of Sport and Saudi Automobile and Motorcycle Federation in 2018. 

“The inaugural Diriyah E-Prix was the Kingdom’s first major international event and later this month it will be the first ever night race for the all-electric ABB FIA Formula E World Championship, an achievement we’re very proud of,” Prince Khalid Bin Sultan Al-Abdullah Al-Faisal, Chairman of The Saudi Automobile and Motorcycle Federation, said.

“The overall success of the Diriyah E-Prix includes many factors, one of which is the commitment of local sponsors who embrace the journey Saudi Arabia is on, and who understand the Kingdom’s commitment to renewable energy and the future of sustainable technology.”

The Diriyah E-Prix is now considered one of the showpiece events in realizing the Vision 2030 program of sustainability and support for the Saudi economy.

“When Formula E came together with the organizers in Saudi Arabia, our shared goals of maximizing sustainability and clean energy to create a spectacular sporting occasion was immediately obvious,” said Formula E founder and chairman Alejandro Agag.

“In what remains a challenging time for the world, I am delighted that the Diriyah E-Prix will once again create a unique spectacle with our first night race, and the return of PIF is an enormously valuable endorsement of what we have created together.”

This will not be the first time that PIF has backed the development of the Saudi sports and entertainment industries, and more involvement is planned in the coming years.

Through its 2021-2025 Strategy, which was launched globally in January, PIF announced that it will expand on the progress made over the past four years to build a significant portfolio by capturing long-term investment opportunities across diverse industries and asset classes. 

PIF will look to achieve this by focusing on 13 vital and strategic sectors locally that have been prioritized for development through Vision 2030, including leisure and sports.

While there will be no fans present at the Diriyah E-Prix later this month, it is set to attract a wider television audience than in previous seasons as the popularity of motorsports soars in Saudi Arabia.

“Together with the Ministry of Sport, the Saudi Automobile and Motorcycle Federation and the organizers of the ABB FIA Formula E World Championship, the E-Prix remains a showcase for Vision 2030 and the new trajectory for the Kingdom established by the Crown Prince, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud,” Boutagy added.


Jockey Club of Saudi Arabia unveils 2026 International Jockeys’ Challenge

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Jockey Club of Saudi Arabia unveils 2026 International Jockeys’ Challenge

  • Japan Cup hero Mickael Barzalona and defending champion Mohammed Aldaham among 14-strong lineup 

RIYADH: Japan Cup hero Mickael Barzalona, newly appointed Irish Champion Dylan Browne McMonagle and last year’s winner Mohammed Aldaham have been unveiled by the Jockey Club of Saudi Arabia as part of the 2026 Saudi Cup International Jockeys’ Challenge at King Abdulaziz Racecourse on Feb. 13.

Prince Bandar bin Khaled Al-Faisal, chairman of JCSA, said: “The Saudi Cup International Jockeys’ Challenge has always been a favorite part of Saudi Cup weekend for me.

“It is the only challenge in the world that includes equal numbers of men and women competing as individuals, and it has been gratifying to see so many winners from different parts of the world since its inception in 2020,” he said.

The seven women and seven men who will compete in the four-race series over the big weekend includes global representation and features leading UK riders Saffie Osborne and Hollie Doye, Marie Velon from France, Australia’s Angela Jones and the American-based Frenchman Flavien Prat and the US’s Forest Boyce.

Two of the men are locally based jockeys, with Panamanian-born Luis Morales, who has more than 600 winners to his name in Saudi Arabia alone, joining defending champion Aldaham in the lineup after he created history in 2025 by becoming the first Saudi jockey to triumph.

Barzalona will be aiming to carry through his remarkable run of form from 2025, a year in which he won the Grand Prix de Saint-Cloud, King George VI Stakes, England’s Champion Stakes and the Japan Cup on Calandgan (IRE) in addition to notable strikes in the French 1000 Guineas and Prix de l’Arc de Triomphe.

Joining Barzalona is 22-year-old Northern Irishman Dylan Browne McMonagle, who is a multiple Group 1 winner and was crowned Irish Champion Jockey last November.

Like Barzalona and Browne McMonagle, Flavien Prat will be making his first appearance in the IJC having established himself as a dominate force in American racing, where he won the 2019 Kentucky Derby aboard Country House and has multiple Breeders’ Cup wins to his name, including in the 2022 Classic on the brilliant and unbeaten Flightline (US).

Completing the men’s team is Keita Tosaki, one of Japan’s leading riders with more than 4,000 wins, with strikes on champions such as Real Impact (JPN) and Danon Decile (JPN), and rising British rider Billy Loughnane.

At the age of 17, Loughnane was crowned Champion Apprentice and just two years on is a Group 1 winner; on Dec. 31, 2025, he made modern history with the most number of wins in a calendar year with 223 victories.

Both Hollie Doyle and Saffie Osborne are previous participants, and Doyle will be making her third appearance, having starred in 2025 and 2021 when she also won the Neom Turf Cup for Irish mastermind Willie Mullins aboard True Self (IRE).

The Classic-winning rider has partnered multiple Group 1 winners and heads to Riyadh after a successful stint in Hong Kong through the latter part of 2025.

Osborne makes her return after appearing in 2024 and has broken new ground since then by partnering Heart of Honor (GB) in the Preakness Stakes and Belmont Stakes in America last year, and the duo have since dazzled with wins at Meydan in Dubai.

American Forest Boyce is a multiple graded stakes-winning jockey, one of Maryland’s most accomplished riders, and makes her first appearance in Riyadh.

With more than 1,000 victories and $40 million in earnings, Boyce will be joined by Australia’s Angela Jones, who has quickly risen through the ranks to become a consistent force in Queensland racing.

Since transitioning to senior status in 2023, Jones has recorded more than 450 career wins from more than 2,800 rides, and has partnered regularly with leading trainer Tony Gollan, forming one of Queensland’s most successful jockey-trainer combinations.

European women are strongly represented, with six‑time winner of the Cravache d’Or Feminine Marie Velon returning, along with debutants Nina Baltromei and Frida Valle‑Skar.

Baltromei is a German jockey who made history in 2025 as the first woman to win the Deutsches Derby.

Valle‑Skar is of Swedish origin and has built a strong career riding in France and internationally. She made her first race ride in 2017, rode her first winner the following year and has since amassed more than 230 wins from more than 2,800 rides.

Last year she also achieved an historic breakthrough when she partnered Matilda to victory in the German 2000 Guineas at Cologne. It was the first time in 54 years that a filly had won the race, and Valle‑Skar became the first female jockey to ride the winner of the Classic.

And Velon has more than 600 career victories, including major international successes. Her partnership with Iresine (FR) has been particularly notable, delivering victories in the Prix Foy (2023) and the Group 1 Prix Royal-Oak (2022).

“The JCSA is proud to promote this event with its equal opportunities for men and women, and we are glad to echo this key message shared by Saudi Arabia’s Vision 2030 — which is a guiding light for all sport in Saudi Arabia,” Prince Bandar said.

“Last year we celebrated the first victory by a Saudi jockey and Mohammed Aldaham is back this year to defend his title, may he have the best of luck,” he said. “Jockeys are tremendous and inspiring athletes and I look forward to personally welcoming them all to King Abdulaziz Racecourse and the Saudi Cup.

“The best of luck to all participants,” he added.