Formula 1 News

AlphaTauri net partnership with GMG (Dubai) Limited

Inter-dealer brokerage house GMG (Dubai) Limited has inked a new partnership with Italian Formula One team AlphaTauri. The partnership will see GMG (Dubai) Limited join as an Official Partner of the team, starting with the Italian Grand Prix.

Commenting on the deal, Franz Tost, Team Principal of Scuderia AlphaTauri, stated:

Speed is synonymous with Formula One, and now the sport is moving faster than ever before. The addition of GMG to our partnership network is a logical and natural fit for Scuderia AlphaTauri, as we are both challengers competing on a global stage where the only limiting factor is the pace of innovation. 

We are thrilled to welcome GMG to the team and look forward to a strong cooperation between our organisations.

Marco Saviozzi, CEO of GMG (Dubai) Limited, commented:

Three primary characteristics underpin everything we do here at GMG: quality, speed and precision. All three are as important in the fast-paced environment in which we work as they are in Formula 1, where split-second decisions and flawless execution are crucial in determining the final result. The financial markets, like F1, have historically been dominated by a few big teams. GMG prides itself on currently being the Best of the Rest.

I believe the absolute desire to attain number one status through drive, determination and sheer force of hard work can put both GMG and Scuderia AlphaTauri in their rightful place – on the top step of the podium. It’s the mutual desire to succeed that I believe will make this partnership a special one.

Launched in 2009, GMG (Dubai) Limited is regulated by the Dubai Financial Services Authority (DFSA). It is one of the most respected inter-dealer brokerage houses in the Middle East with focus on Options, Futures, Derivatives and Bonds in the Middle East/North Africa (MENA) region and the Gulf Cooperation Council as well as emerging markets, including the Sub-Saharan region, southern Africa, C3 (the Czech Republic, Poland and Hungary) and Russia. 

Aditya Chaudhuri

Hailing from the City of Joy, the things that bring me joy are cricket, a good non-tilt CS:GO session, F1 and movies.

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