The Italian Formula 1 team, Scuderia Ferrari has signed a new partnership with the private bank firm, ZCG.
Following the association, ZCG has been named the official team partner of Scuderia Ferrari. The logo of the banking firm will be featured on the SF-23 cars, racing in the Bahrain Grand Prix 2023.
ZCG, also known as Z Capital Group, is a renowned privately held merchant bank that has private markets asset management, business consulting services, technology development, and solutions. The company has invested approximately $30 billion and has industry-leading track records in private equity and credit. The company has a global team of over 375 professionals.
Previously, the Italian racing team has joined forces with the companies such as Vistajet, Ecopol, Bang & Olufsen, Genesys, EssilorLuxottica, and HCL Software.
Lorenzo Giorgetti, Chief Revenue Officer, Scuderia Ferrari said, “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. We are pleased to welcome ZCG as a Team Partner and can’t wait to build on this partnership together in the year ahead.”