COMMERCIALBANK SPONSOR GRAND PRIX OF QATAR FOR THREE YEARS
17 March 2006 - Moto GP

The Grand Prix of Qatar enters its third year on the MotoGP World Championship calendar in 2006, and as the race becomes an established world class event within the Gulf state, one of the country’s leading banking institutions Commercialbank today confirmed a deal to become the title sponsor of the race for the next three years during a special presentation event in Doha.

Formed in 1975 as Qatar’s first private sector bank, Commercialbank has grown its corporate and personal banking businesses successfully each year since its launch to become one of the most important banks in the state. As a committed supporter of the Qatari community, Commercialbank agreed a deal with MotoGP World Championship rights-holders Dorna Sports to become title sponsor of the Qatari round of the series, taking full naming rights and all the other benefits enjoyed by the position, whilst projecting a positive image of Qatar to MotoGP’s massive global audience.

Commercialbank’s Deputy CEO, Mohammed Mandani, said, “Becoming the title sponsor of the Commercialbank Grand Prix of Qatar is a great honour for us and will help to project Qatar’s global reputation as an economic and sporting powerhouse of the Gulf region.”

Meanwhile Qatar Motor and Motorcycle Federation President, Nasser bin Khalifa Al Attiya, said, “Each year since the launch of MotoGP in Qatar in 2004, the event has grown in status. Commercialbank, a leading Qatari bank, will enable us to lift the event to a new level on the global stage.”

As such, the second round of the MotoGP World Championship in 2006 will be known as the Commercialbank Grand Prix of Qatar. The event will take place at the Losail International Circuit, just a few miles to the north of the capital city of Doha, and as has become traditional the races are scheduled to be run on a Saturday, April 8th.

www.motogp.com

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