Z Capital Group, L.L.C. (ZCG) announced it has signed as a Team Partner to Scuderia Ferrari for the 2023 season. Through this partnership, ZCG’s logo will appear on the SF-23 livery starting at the Bahrain Grand Prix, the first round of the 2023 Formula 1 World Championship.
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ZCG shares Scuderia Ferrari’s steadfast commitment to innovation and excellence. This is a rare chance to work with one of the most recognizable names in sports and connect with millions of Formula 1 fans worldwide. Ferrari has been a central player throughout Formula 1’s long and storied history. We’re happy to help the team as it goes into the 2023 season, trying to win a record 17th championship.
“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,” said Lorenzo Giorgetti, Chief Racing Revenue Officer of Scuderia Ferrari. “We are pleased to welcome ZCG as a Team Partner and can’t wait to build on this partnership together in the year ahead.”
Formula 1, already one of the most exciting and prestigious motorsport competitions in the world, has experienced a surge in popularity in recent years. In the United States alone, the 2022 season averaged nearly 300,000 more viewers across each of its 22 Grand Prix weekends than the prior season. As Formula 1 continues to grow globally, this partnership will align ZCG with one of the sport’s most storied names.
2023 will be ZCG’s second year supporting the growth of Formula 1 as a Team Partner and its first year working with Scuderia Ferrari.
About ZCG
ZCG is an industry leader comprised of private markets asset management, business consulting services, technology development and solutions.
Principals at ZCG have invested about $30 billion over the past 30 years and have the best track records in private equity and credit.
ZCG has approximately $6.5B of AUM in asset management. It has pension funds, endowments, foundations, sovereign wealth funds, central banks, and insurance companies as investors. These are some of the world’s largest and most sophisticated institutional investors.
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