LONDON: The Jockey Club of Saudi Arabia signed a platinum sponsorship agreement with Syndicate Holding Group for the upcoming three racing seasons, as part of its efforts to attract and develop strategic partnerships.
Ziad bin Saad Al-Muqrin, CEO of the Jockey Club of Saudi Arabia, and Mohammed Al-Qurafi, CEO of SHG, witnessed the signing ceremony on Thursday at the JCSA headquarters in Riyadh.
“We are pleased to continue succeeding in building meaningful partnerships that align with the club’s vision and strategic direction,” Al-Muqrin said in a statement.
“This collaboration with SHG reflects our shared commitment to the advancement of horse racing and its dedicated audience,” he added.
He said that the partnership was guided by Prince Bandar bin Khalid Al-Faisal, chairman of the Equestrian Authority and board of the Jockey Club.
Al-Qurafi said that SHG aims to invest in vital sectors to enhance Saudi Arabia’s global stature and support entrepreneurs in scaling their businesses within the Kingdom.
“We believe that sports in all its forms represent national identity and open new horizons for economic and developmental growth,” he said.
The group said that the agreement with the Jockey Club of Saudi Arabia reinforces SHG’s dedication to the sports sector and strengthens the Kingdom’s reputation for hosting world-class events.
In February, SHG became the sponsor for the Saudi Pro League club Al-Nassr until 2028, with its logo prominently displayed on the chest area of Al Nassr’s first-team jerseys.
