ZCG Announces Continued Cooperation With Scuderia Ferrari

NEW YORK--( BUSINESS WIRE )--Z Capital Group (“ZCG”) today announced that it has signed a team partnership agreement with Scuderia Ferrari for the 2024 Formula One season. This commitment continues ZCG’s successful partnership with Scuderia Ferrari, which began in 2023.

Cooperation in 2023 includes many collaborative and innovative plans. During the 2024 Formula 1 season, ZCG will work closely with Scuderia Ferrari to expand the scope of these programs by finding new and creative ways to leverage ZCG’s international profile to engage Formula 1 fans around the world.

Scuderia Ferrari will launch its 2024 Formula 1 car on Tuesday, February 13, 2024. As a distinguished team partner, ZCG will prominently display its logo through the racing livery throughout the 2024 Formula One World Championship, starting with the Bahrain Grand Prix on March 2. In addition to the placement of the logo, the partnership also includes wider cooperation and multi-faceted participation, demonstrating the joint commitment of Scuderia Ferrari and ZCG to drive the success and development of the partnership.

James Zenni, founder, president and CEO of ZCG, said: "We are deeply proud of our partnership and look forward to continuing to support Scuderia Ferrari and building on our successful partnership in the 2023 season. Ferrari continues to push the boundaries of innovation and global expansion. ZCG shares the same vision of excellence and strategic growth as Scuderia Ferrari, and we eagerly look forward to further cooperation to bring the experience and excitement of Formula One racing to more fans around the world."

Lorenzo Giorgetti, Chief of Racing Revenue at Scuderia Ferrari, said: “We are delighted to continue our partnership with ZCG. We share a passion for excellence and a desire to continually drive innovation while building on the legacy of decades of experience in our respective fields. The values ​​and authority it brings. We are eager to continue working with ZCG to share the unique experience of Formula One and the extraordinary world of Scuderia Ferrari with a wider audience.”

Formula One is one of the most exciting and prestigious motorsport competitions in the world, and has soared in popularity in recent years, especially in the United States. U.S. television ratings doubled from 2018 to 2023, averaging 1.11 million viewers per game during the 2023 season. ZCG continues its commitment to supporting the development of Formula 1 through its partnership with Scuderia Ferrari, the most successful team in the history of the sport.

About ZCG

ZCG is an industry leader whose businesses include private market asset management, business advisory services, technology development and solutions.

Over the past 30 years, ZCG leaders have invested tens of billions of dollars in capital and have a leading track record in the private equity and credit fields.

ZCG has approximately US$7 billion in asset management, and its investors include some very experienced and very large global institutional investors, including pension funds, endowments, foundations, sovereign wealth funds, central banks and insurance company.

ZCG has a global team of more than 400 professionals. For more information, please visit www.zcg.com .

Disclaimer: The original version of this announcement is the officially authorized version. The translation is for convenience of understanding only. Please refer to the original text. The original version is the only legally binding version.

Contacts

Tim Ragones / Kate Thompson / Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449