Log In


Company Name : Citigroup Inc.

Thursday, January 25, 2018 11:20PM IST (5:50PM GMT)


Citi Private Bank Sponsors Motor Racing Legend Fernando Alonso at Daytona

New York, United States

Citi Private Bank is proud to announce its sponsorship of motor racing legend Fernando Alonso for his debut appearance in the Rolex 24 at Daytona beginning January 27, 2018.


The Rolex 24 At Daytona – also known as the 24 Hours of Daytona – is North America’s premier endurance race, in which some of the world’s top motorsport drivers compete in a grueling event from sunrise to sunset and then to sunrise again. Held at the Daytona International Speedway in Florida, the day-long race will be first time in his career that Fernando shares a car with teammates.


Fernando – who has twice won Formula One’s World Championship and who has been hailed as ‘the greatest driver of the 21st century’ – made an electrifying debut at the Indianapolis 500 race in May 2017, where he was also sponsored by Citi Private Bank. He led the race for 27 laps and achieved the fastest average lap-time of any driver.


Fernando is also set to compete in The 24 Hours of Le Mans in June 2018. Alongside the Indianapolis 500 and the Monaco Grand Prix, Le Mans makes up one third of ‘the Triple Crown of Motor Racing’. Having already won Monaco twice, Fernando hopes to become only the second driver ever to complete the Triple Crown.


“We are honored and thrilled to continue our association with Fernando Alonso,” said Peter Clive Charrington, Global Head of Citi Private Bank. “Fernando is truly an ambassador for motor racing, renowned for his perseverance, his teamwork, and his humility despite his incredible successes. Citi Private Bank shares his values of excellence, professionalism, and total dedication. We wish him many further triumphs in his quest to reach the pinnacle of motorsport.”


Fernando Alonso commented: “I am delighted to be teaming up once again with Citi Private Bank for Daytona. The Private Bank is a terrific partner both on and off the race track, owing to their commitment to global citizenship and their constant drive for excellence.”


Citi Private Bank is one of the world’s fastest growing private banks; dedicated to serving worldly and wealthy individuals and families, providing customized private banking across borders. With approximately $460 billion in global assets under management, the franchise includes 48 offices, serving clients across 116 countries. Citi Private Bank helps clients grow and preserve wealth, finance assets, make cash work harder, preserve legacies, and serve family and family business needs through objective advice and a truly open architecture investment platform. The firm offers clients products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance, banking and aircraft finance, as well as art and sports advisory and finance.


About Citi


Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.


Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.



Click here for Media Contact Details

Citi Private Bank
Sophia Stewart, 212-816-7140
Global Public Affairs

More News from Citigroup Inc.

07/03/2018 5:39PM

Citigroup Announces SGD 100 Million Redemption of 3.50% Fixed Rate / Floating Rate Subordinated Notes due April 2020 and Approximately CHF 182.1 Million Redemption of 2.75% Fixed / Floating Rate Callable Subordinated Notes due April 2021

Citigroup Inc. is announcing the redemption, in whole, constituting SGD 100,000,000 of its 3.50% Fixed Rate / Floating Rate Subordinated Notes due April 2020 (the “2020 notes”) (ISIN XS0216282557), and the ...

18/02/2016 5:55PM

Citi Foundation's Pathways to Progress Global Youth Initiative Expands to India with the 2016 India Innovation Grant Program

  Up to INR130 million available as grants for innovative programs that create economic opportunities for low-income young people Program is part of Pathways to Progress, the Citi Foundation’s approach ...

20/11/2015 7:28PM

ग्लोबल फाइनेंस पत्रिका ने सिटी को एशिया में सर्वश्रेष्ठ डिजिटल बैंक घोषित किया

ग्लोबल फाइनेंस पत्रिका ने सिटी को 2015 के लिए एशिया का सर्वश्रेष्ठ डिजिटल बैंक घोषित किया है। इसके तहत इस क्षेत्र के सर्वश्रेष्ठ कॉरपोरेट/संस्थागत डिजिटल बैंक और सर्वश्रेष्ठ उपभोक्ता डिजिटल बैंक की पहचान की गई ...

Similar News

22/03/2018 7:10PM Image

German Chemical Major Covestro Awards L&T Technology Services Multi-Million Dollar ER&D Project

Germany’s Covestro, a world-leading manufacturer of high-tech polymer materials, has chosen L&T Technology Services Limited (NSE: LTTS), as one of its major engineering services partners to implement digitalization ...

No Image

22/03/2018 5:25PM

NTT Communications' SD-WAN Gives McLaren Racing an Edge for 2018 Season

McLaren Formula 1 TEAM (McLaren), a pioneering leader in Formula 1 motor racing for more than 50 years, and NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within ...