During this weekend's Singapore Formula 1 night race, Swiss bank UBS announced it has extended its collaboration with the Mercedes-AMG PETRONAS Formula One Team.

A partner since 2011, UBS has been part of the team's remarkable journey, during which the team clinched seven Drivers' and eight Constructors' World Championships. The bank will continue its role as a Team Partner in this renewed agreement.

«The partnership reflects our shared values: a commitment to innovation, talent and teamwork. I look forward to the opportunities our partnership will present in this next chapter together, as we continue to provide unparalleled experiences for our clients,» Iqbal Khan, Co-President UBS Global Wealth Management and President UBS Asia-Pacific, said.

Many More Years to Come

«UBS has been an important member of our partner family ever since we began our relationship back in 2011. It is fantastic to extend our partnership yet again and we look forward to working together for many more years to come,» Toto Wolff, Team Principal & CEO of the Mercedes-AMG PETRONAS Formula One Team, added.

Since Singapore hosted Formula 1’s first night race in 2008, more than 930 million spectators have enjoyed watching the thrills and spills of the racing on this unique three-mile street circuit that winds its way through the city center. More than 250,000 fans are expected during the Sept 20-22 event in Singapore.