AIX Investment Group enters Formula 2 AIX Investment Group enters Formula 2
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AIX Investment Group enters Formula 2

AIX Investment Group enters Formula 2

The Dubai-based financial firm has signed on as the sponsor of Brad Benavides of PHM Racing by Charouz

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AIX Investment Group enters Formula 2

In line with its commitment to support sport and upcoming talent, Dubai-based global financial advisory firm AIX Investment Group has announced a new collaboration with Brad Benavides of PHM Racing by Charouz.

The firm will be his primary sponsor for the 2023 season, supporting him as he debuts and competes across the globe in top Formula 2 (F2) races.

The alliance is a milestone for the company, as its first global motorsport collaboration, and also for Benavides to receive the backing of a successful organisation as he debuts his Formula 2 journey.

On the fast track

Benavides, an American-Spanish racer, is stepping up to F2 after his rookie Formula 3 campaign, earning a points-scoring finish for Carlin in the Spa-Francorchamps Sprint Race.

The 21-year-old has experience competing in Formula Renault Eurocup, the Formula Regional European Championship and the Euroformula Open Championship, with his best finish being at the 13th place in the 2021 Euroformula Standings.

Benavides is no stranger to motorsport and has been racing since the age of 12. He competed and moved up the categories in single-seaters since 2018.

In 2019, he participated in the Renault Formula 3 European Championship with the new team assembled by Formula 1 driver Fernando Alonso. Benavides is ambitious and fights indefatigably to be at the top in all his endeavours. He is talented and determined to build a successful career in motorsport.

New avenues
The partnership is seen as a gateway to new opportunities for both parties, which not only includes support for a young talent, but also shines the spotlight on the investment firm’s long-term goals.

The firm, which has consistently introduced innovative products and solutions for active wealth planning, is known for taking effective measures to generate above market return on investments for its clients. The firm has also had many notable developments in 2022, including the introduction of new products, promising investments and expansion to new offices.

Kicking off the partnership
The launch of the partnership was held at AIX Investment Group’s office, in Burj Khalifa on the terrace of the firm’s office on the 144th floor. Team AIX and the racing car driver’s representatives inked the agreement at the event, revealing Benavides’ helmet emblazoned with the company’s logo.

The partnership was also made official on November 20 last year, with an announcement on the official Formula 2 Championship website.

The championship
This year, the Formula 2 championship will kick off in Sakhir, Bahrain on March 3, and move to Saudi Arabia, Melbourne’s Albert Park, Baku, Imola in Italy, the prestigious Monaco track, Barcelona, Spielberg in Austria, the UK’s Silverstone, Budapest and Spa-Francorchamps in Belgium, all before the summer break. The next stop is Zandvoort in the Netherlands.

The season will wrap up alongside the Formula 1 season at the Yas Marina Circuit, Abu Dhabi towards the end of November.

PHM Racing and Charouz Racing System also made recent announcements that they will be operating as Charouz Racing System this year. They stated that the team will race under PHM Racing by Charouz in both the FIA Formula 2 and FIA Formula 3 Championship.

Other sponsorships
AIX Investment Group is also the main sponsor of the Fursan Hispania FC, a football club led by Michel Salgado, a former Real Madrid football player. The club offers children in the UAE the opportunity to develop their skills through professional training.

In 2021, the firm signed a partnership with the football legend Iker Casillas as the main sponsor of his academy, Iker Casillas Academy Dubai. It also sponsored the La Liga Santander team RC Celta. The partnerships extend well beyond the sport, with an ongoing commitment to support talent and ambition.

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