DUBAI, United Arab Emirates — Saudi Arabia will host a Formula One race next year, a move aimed at attracting well-heeled globe-trotting visitors and raising the kingdom's profile internationally as a tourist destination.
The kingdom said Thursday it will host the race in November 2021 in the Red Sea city of Jiddah, using scenic roads along the coast.
Gulf locales including Manama, Bahrain, and Abu Dhabi, United Arab Emirates, already host F1 races, which see A-list Hollywood stars, royals, billionaires, ministers and social media influencers gather for days of partying, discreet talks and deal-making.
Last year, 21 cities hosted races, but that has been scaled back this year because of the coronavirus pandemic. Some cities in 2020 have hosted multiple races. Concerns about large crowds amid the pandemic have also caused most races to be held without fans.
"Motorsports for us is very important," Prince Khalid bin Sultan al-Faisal, chairman of the Saudi Automobile and Motorcycle Federation, told The Associated Press in an interview Thursday. "We would like to host these events as long as we can because our local people here in Saudi Arabia like to attend these events and be entertained and meet people from all around the world."
The kingdom did not say how long it's contract with F1 will last, but the country has plans to build a race track in the capital, Riyadh, by 2030. Saudi Aramco, the kingdom's oil and gas giant, is already a global sponsor of the heavily-sponsored race.
The cost of hosting the F1 could exceed $100 million, though Prince Khalid said he also expects it will generate revenue for Saudi Arabia as the country races to diversify its economy away from dependence on the export of oil, which has plunged to less than $38 a barrel amid weaker global demand.
One standout feature of the Saudi race will be the absence of champagne popping by the winners and alcoholic beverages flowing in the stands and at the after parties. Consumption of any alcohol in the Muslim kingdom is outlawed.