Press Releases

Mubadala sponsored Ferrari team speed into Abu Dhabi

Formula One racing superstars Kimi Raikkonen and Felipe Massa to appear at Marina Mall

02 February 2007

Formula One racing superstars Kimi Raikkonen and Felipe Massa to appear at Marina Mall

Mubadala Development Company, as one of the sponsors of the Scuderia Ferrari team announces the appearance of the team’s official drivers Kimi Raikkonen and Felipe Massa in Abu Dhabi at the Marina Mall on February 3rd. The drivers will be on hand at the mall to mingle with fans and autograph specially commissioned postcards from 4 – 5pm on Saturday, 3 February.

“Kimi and Felipe’s appearance at Marina Mall is another element of this exciting association with the Ferrari Formula One team. It really is a unique opportunity for Formula One fans from across the country to meet with two of the sport’s most talented drivers,” said Khaldoon Khalifa Al Mubarak, CEO & Managing Director of Mubadala Development.

The news of the Formula One drivers’ guest appearance at Marina Mall comes soon after the Mubadala Development reached a sponsorship agreement with the legendary racing team. The agreement, which will run from 2007 through to 2009, is a reflection of the longer term strategic relationship between Mubadala and Ferrari. Mubadala Development purchased a 5 percent stake in Ferrari from Mediobanca of Italy, in May 2005.

“Although the sponsorship agreement strengthens Mubadala’s strategic partnership with Ferrari, it is our passion and finely aligned organizational goals that really make our association special. Ferrari is a luxury brand and the company strives for the ultimate in performance and success. Although our industries are different, Mubadala reflects the same characteristics so it is a pleasure to be associated with Ferrari in one of the world’s most prestigious sporting events,” added Al Mubarak.

Raikkonen and Massa are another special association. With more than 173 Grand Prix and 11 wins between them, the Ferrari drivers make an impressive partnership. With statistics like that it is easy to establish that Finnish Raikkonen and Brazilian Massa, will be a frightening prospect once the season kicks-off in March”.