Z Capital Group, L.L.C. (ZCG) introduced it has signed as a Team Partner to Scuderia Ferrari for the 2023 season. Through this partnership, ZCG’s emblem will seem on the SF-23 livery beginning on the Bahrain Grand Prix, the primary spherical of the 2023 Formula 1 World Championship.
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ZCG shares Scuderia Ferrari’s steadfast dedication to innovation and excellence. This is a uncommon probability to work with some of the recognizable names in sports activities and join with tens of millions of Formula 1 followers worldwide. Ferrari has been a central participant all through Formula 1’s lengthy and storied historical past. We’re pleased to assist the staff because it goes into the 2023 season, attempting to win a document seventeenth championship.
“Operating at the highest level in the world of motorsport, we are always looking for partners who share our global perspective and dedication to unparalleled performance,” mentioned Lorenzo Giorgetti, Chief Racing Revenue Officer of Scuderia Ferrari. “We are pleased to welcome ZCG as a Team Partner and can’t wait to build on this partnership together in the year ahead.”
Formula 1, already some of the thrilling and prestigious motorsport competitions on this planet, has skilled a surge in recognition in recent times. In the United States alone, the 2022 season averaged almost 300,000 extra viewers throughout every of its 22 Grand Prix weekends than the prior season. As Formula 1 continues to develop globally, this partnership will align ZCG with one of many sport’s most storied names.
2023 will probably be ZCG’s second yr supporting the expansion of Formula 1 as a Team Partner and its first yr working with Scuderia Ferrari.
About ZCG
ZCG is an business chief comprised of personal markets asset administration, enterprise consulting providers, expertise growth and options.
Principals at ZCG have invested about $30 billion over the previous 30 years and have the perfect observe data in non-public fairness and credit score.
ZCG has roughly $6.5B of AUM in asset administration. It has pension funds, endowments, foundations, sovereign wealth funds, central banks, and insurance coverage corporations as buyers. These are among the world’s largest and most subtle institutional buyers.
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