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NEOM Announces Strategic Partnership with McLaren Racing

NEOM announced on Monday a new strategic partnership with McLaren Racing Company. (SPA)
NEOM announced on Monday a new strategic partnership with McLaren Racing Company. (SPA)
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NEOM Announces Strategic Partnership with McLaren Racing

NEOM announced on Monday a new strategic partnership with McLaren Racing Company. (SPA)
NEOM announced on Monday a new strategic partnership with McLaren Racing Company. (SPA)

NEOM announced on Monday a new strategic partnership with McLaren Racing Company. It will be the Title Partner of the McLaren Formula E Team and McLaren Extreme E Team from the 2022/2023 season.

In a statement, CEO of NEOM Nadhmi Al-Nasr said: “Our partnership with McLaren Racing complements NEOM’s commitment to driving sustainable solutions and tackling some of society's most pressing challenges.”

“The partnership will allow us to share our collective resources and experience to yield exciting results, not only for our own organizations, but also for the broader automotive and sports industries.”

“NEOM is an economic engine for the Kingdom of Saudi Arabia and will be a hub for innovative businesses like McLaren Racing to conduct cross-industry research, incubate, collaborate and bring new technologies to the world,” he added.

CEO of McLaren Racing Zak Brown said: “We are delighted to welcome NEOM to the McLaren Racing family. This is an incredible way to kick off our entry into Formula E and to unify our electric racing series.”

“We are thrilled to introduce NEOM McLaren Electric Racing and to work with NEOM to nurture talent and drive innovation.”

“Working with OXAGON’s innovative advanced and clean industries eco-system will allow us to make meaningful contributions through our bespoke Accelerator program which exists to leverage performance-driven data and translate this into the culture and thinking of our partners,” he added.

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South Korea Expresses Regret after Its Athletes Introduced as North Korea at Opening Ceremony

Athletes of South Korea travel by boat along the Seine river during the opening ceremony of the 2024 Summer Olympics, in Paris, France, Friday, July 26, 2024. (AP)
Athletes of South Korea travel by boat along the Seine river during the opening ceremony of the 2024 Summer Olympics, in Paris, France, Friday, July 26, 2024. (AP)
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South Korea Expresses Regret after Its Athletes Introduced as North Korea at Opening Ceremony

Athletes of South Korea travel by boat along the Seine river during the opening ceremony of the 2024 Summer Olympics, in Paris, France, Friday, July 26, 2024. (AP)
Athletes of South Korea travel by boat along the Seine river during the opening ceremony of the 2024 Summer Olympics, in Paris, France, Friday, July 26, 2024. (AP)

South Korea expressed regret that its delegation of athletes at the Paris Olympics opening ceremony on Friday was introduced as from rival North Korea and has demanded assurances from organizers the mistake will not happen again.

As the boat carrying South Korean athletes passed on the Seine, the announcer introduced them as the "Democratic People's Republic of Korea" - the official name of North Korea - in French and English.

The announcer used the same introduction when the North Korean delegation passed.

South Korea's vice minister for sports and culture, Jang Mi-ran, who was in Paris, had requested a meeting with International Olympics Committee President Thomas Bach, the ministry said in a statement.

"We express regret that the country was introduced as North Korea at the opening ceremony of the Paris Olympic Games when the athletes of the Republic of Korea were entering," it said.

South Korea's National Olympic Committee immediately referred the incident to the Games' organizers and requested that the error will not be repeated.

South Korea's delegation includes 143 athletes competing in 21 events. North Korea, which is returning to the Games for the first time since Rio 2016, has sent 16 athletes.