Jeddah, Dec 4, 2021, SPA -- Invest in Saudi Arabia, an initiative representing the unified national identity to market and attract investments to the Kingdom of Saudi Arabia, has announced itself as a founding partner with Formula 1 competition, the first Formula 1 Saudi Grand Prix race in Saudi Arabia, scheduled to be held and organized at the new Jeddah Corniche Circuit from 3 to 5 December . The partnership aims to enhance Saudi Arabia 's investment identity in international forums and events, including motor racing, in addition to shedding light on investment opportunities in the Kingdom for one of the largest sporting events in the world, as the partnership confirms Saudi Arabia 's commitment to promoting promising investment opportunities in the sports and entertainment sectors. --SPA 11:36 LOCAL TIME 08:36 GMT 0005 www.spa.gov.sa/w1659620